quantguy
Short

CHFJPY Shorting Opportunity

FX_IDC:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY             looks like a nice shorting opportunity. Notice the consolidation of price action around 122.729. There is massive resistance from with the Ichimoku cloud on the 15 minute chart and especially the 30 minute Ichimoku chart. For profit targets, consider the Fibonacci levels which line up nicely with the level at 122.676 or the level at 122.615. For a stop loss consider the highs of that wedge-ish pattern at 122.765. Note the RSI and MACD confirm that this is a perfect time to enter a position on this asset.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out