Get started
Midaz_Investments

CHFJPY 24/5/2020 (MIDAZ TRADING STRATEGIES)

Swiss Franc / Japanese Yen (OANDA:CHFJPY)  
Midaz_Investments  
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis
6
0
trendanalysis
CHFJPY

Daily view = Bearish
4H Uptrend line in danger. Momentum shows possible mirror image, Uptrend to continue is possible.
We suggest follow the short term temporary line breakout direction for 1/2 the average volatility =40pips.
it will be uncertain to hold longer in any directions.
As long term downtrend resistance vs 4H uptrend support at tight range.
short possible target point at 110.09,
If price rally above 111.7, we will target 112.3
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.