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Chfjpylong

CHFJPY Trading Plan - 16/May/2022Hello Traders, Hope you all are doing good!! I expect CHFJPY to go up after this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Long
by For3xScalper
💡Don't miss the great buy opportunity in CHFJPYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (133.01). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 134.93 TP2= @ 136.25 TP3= @ 138.07 TP4= @ 139.56 TP5= @ 141.65 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in CHFJPYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (125.13). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 125.67 TP2= @ 126.00 TP3= @ 126.31 TP4= @ 126.70 TP5= @ 127.07 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
Inverted H&S, second shoulder still under creationThe price movement of the pair is forming an inverted head and shoulder pattern with the second shoulder in the midst of formation. We can enter a buy position from the current level with stop loss at the crest of the shoulder at 107.868 till the first target at 109.493 which is also the neckline. After the prices breach the neckline, TP 2 and Tp 3 will activate. As you can see the movement of the price can take two approaches. The first one is the price consistently moves above to Tp3 like the blue arrows show. Or the price can take the second route, where the price witness pullback after Tp2 is hit before it targets Tp3 as shown by the orange arrow.
Long
by forexnoobmaster007