Chfjpysignals
volume is thinning out as the holiday season closely approachesinvestors’ focus on the risk of a slowing global economy, a sharp rally in the yen — a traditional haven currency — would make some sense to opening low risk short position from here, Also current administration’s strategy to use tariffs as threats to mold his foreign-policy against multiple countries will create an ongoing and unknown certainty .
CHFJPY - Buy Now For Short Period Trend is in down trend but in countertrend trading price is reversal from the trend line. This reversal for short time and there is a good chance to get some pips to our account. You can see the RSI show that whenever price was reversed from the marked line towards to 50 line of RSI price gone up.
Open @ 108.515
TP 1 - 108.680
TP 2 - 108.880
SL - 108.349
Note: Trade at your own risk.
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CHF/JPY - Day TradeCHF/JPY pullback short sell.
Obviously, this is a day trade and we might close it before it even reaches TP. Also, risk twice as less as you usually do.
This is shorting the long trend pullback which I don't normally do because the trend is bullish. But in short term/day trade, if you get a ppotential entry, then why not take it.
CHFJPY / TECHNICAL CHART - "WEDGE"Pair: CHFJPY
Trade : Long
Time Frame : 1 Hour
Strategy: Wedge
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal.