Commencez
Malika_Analysis

POTENTIAL FOR CHFJPY TO MOVE BEARISH

Short
Franc suisse / Yen japonais (FX:CHFJPY)  
Malika_Analysis Mis à jour   
FX:CHFJPY   Franc suisse / Yen japonais
Trend Analysis Technical Indicators Chart Patterns chfjpyshort chfjpyanalysis CHFJPY chfjpysell swissfranc chfjpyforecast chfjpysetup chfjpytrade
3
0
trendanalysis indicator chartpattern chfjpyshort chfjpyanalysis chfjpy chfjpysell swissfranc chfjpyforecast chfjpysetup chfjpytrade
In my previous post i highlighted that CHFJPY had the potential to continue moving bearish. However since then , price moved higher than anticipated and is currently trading at 0.618 fib retracement level of the entire bearish move downward. I see potential for this pair to continue moving bearish as it is currently testing and trading a daily trendline with bearish divergence evident. Having said that, the Swiss Franc has also reached a critical point of resistance from where we may see price move down bearish.

I will be keeping an eye on price action and how the close of the 4hr candle.

Green line - TP
Red line - SL
Grey line - Entry

Hit that follow button ! :)
Trade fermée manuellement:
Price broke out of that trendline and the setup in my option has shifted to Bullish.

Idées en relation

Malika_Analysis
CHFJPY FOR THE BULLS
Malika_Analysis
FURTHER DOWNSIDE ON CHFJPY TO COME
Malika_Analysis
BULLISH FOR THE SWISS FRANC
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.