Look at my chart carefully, touched the trend line for 6 times. Market might pull back (TP1) or might start reversing (TP2). Let's wait and see SL is of 31 pips..
Levels to be looking for entry 1. 3rd Test of the structure boundary Entry Signals to looks for 1. Engulfing (after price breaks the above mentioned level and reverses) 2. Pin-bar (after price breaks the above mentioned level and reverses)
Guten Morgen alle zusammen, könnte mir nach einem Break der Trendlinie nach unten einen TP1 beim eingezeichneten Bereich vorstellen. LG
GREAT BUY Opportunity | CHFJPY If it respect support level then it will BUY more and more ... low RISK with More PROFIT
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (117.59). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (116.62). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
CHFJPY AFTER BREAKOUT CAN BE GOOD BUY
3 Possible scenarios that can form. Just waiting for the go to setup to enter the trade
Price is forming a bear flag pattern, hence looking to enter short again. PS. I am already in 1 trade at the top, so ones the go-to-setup is ready this is be my 2nd trade scale in for this pair. Thanks to all those who have followed me and liked my post. Especial thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
running good not in profit but has strong sell momentum