Franc suisse / Yen japonaisMis à jour CHFJPY - BIG TRADE SETUP 🔥
The bullish leg of CHFJPY is coming to an end very soon.
Elliott Wave theory states that waves 1, 3 and 5 have 5 subwaves. We can see that we're in wave 5 now and we've only seen 4 subwaves so far. Anticipating subwave 5 higher before the completion of the over 5th wave.
Short Term Trade Idea: BUY
- Watch for the break of the red trendline
- Enter with stops below the recent lows
- Targets: 137.7 (350pips)., 140 (600pips)
Long Term Trade idea: SELL
Once we've completed the 5th subwave and concluded the overall 5th wave, watch for bearish price action. Once it appears, enter with stops above that recent high and hold your trade. Midterm target is 120 (2000pips)
Goodluck and as always, trade safe!
Elliott Wave theory states that waves 1, 3 and 5 have 5 subwaves. We can see that we're in wave 5 now and we've only seen 4 subwaves so far. Anticipating subwave 5 higher before the completion of the over 5th wave.
Short Term Trade Idea: BUY
- Watch for the break of the red trendline
- Enter with stops below the recent lows
- Targets: 137.7 (350pips)., 140 (600pips)
Long Term Trade idea: SELL
Once we've completed the 5th subwave and concluded the overall 5th wave, watch for bearish price action. Once it appears, enter with stops above that recent high and hold your trade. Midterm target is 120 (2000pips)
Goodluck and as always, trade safe!
Note
Up 500pips!
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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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.