CHFJPY technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 CHFJPY technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see good bulish candels formation, expecting to see push in price till support (white line).
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
Chfjpyanalysis
CHFJPY--Weekly Market Outlook from 06 to 10 April 2020Follow me for more update and Analysis.
What You Get:
- Weekly Market Analysis using my strategy.
- Results of our tried, tested and proven Strategies
- Latest and greatest news and content from the Forex World
Never Trade alone
we really hope you enjoy the All analysis
thank you
CHFJPYCHFJPY
For the past one month CHFJPY pair is trading in a narrow range of around 100 pips
We can expect the breakout as its further narrowing the channel
Suitable short positions may open at this level 112.500 which is also a 23.6% Fibonacci
And the potential take profit will be 110.500
Stop lose may placed above the top side resistance level which is 113.050
leave your valuable comments below
CHFJPY potential bounce!
CHFJPY expected to reverse up to 1st support at 110.666 where it could potentially react and bounce to its resistance at 1st resistance at 111.645.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.