We have a confirmed downtrend on chf/jpy on hour 4.
Chf/Jpy is currently pulling back as we speak.
We can sell chf/jpy right now but we would need about a 60 pip stop loss to be safe.
The pullback may not be over just yet.
We can either wait for confirmation to sell on a preferred time frame, use a sell stop order, or sell now...
Chf/Jpy is currently pulling back as we speak.
We can sell chf/jpy right now but we would need about a 60 pip stop loss to be safe.
The pullback may not be over just yet.
We can either wait for confirmation to sell on a preferred time frame, use a sell stop order, or sell now...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.