This is not a financial advice, only meant for educational purposes. This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions at that level **Indicator predicts the reversal/weakness at that level ** Making sure other correlating pairs are also...
CHFJPY looks super bullish it has broken the resistance line clearly in weekly chart. one can create long positions with target of 134. RR is 3.14
TP 1 HIT.. WAIT FOR TP2 OR ELSE PULL OUT OF THE TRADE. FOLLOW ME FOR MORE
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...