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GoldenEngine
Feb 28, 2024 5:41 PM

CHFJPY - 4hrs ( Buy Trade Target Range 200 PIP )  Long

Swiss Franc/Japanese YenFXCM

Description

💵Pair Name CHF/JPY
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
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🔗 Key Technical / Direction ( Long ) Mid Term
Type : Mid Term Swing
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Bullish Break
171.300 Area
Reasons

- Major Turn level / D
- Pattern Area
- choch Zone
- Month High Area
- DEV Break
- W + D H Break

Bearish Reversal
173.500 Area
Reasons

- Major Turn level
- Pattern Target
- Quarter's High
- Fibo Golden Zone
Comments
JoeChampion
my thoughts are more on the bearish scenario below 170.500 since there is a potential hawkish sentiment from SNB!
MichaelJason
100% on point. Short = rekt
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