Get started
UnknownUnicorn772665

CHFJPY Long Trade *TREND CONTINUATION & FIBONACCI*

Long
Swiss Franc / Japanese Yen (FX:CHFJPY)  
UnknownUnicorn772665 Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
Wave Analysis Trend Analysis Chart Patterns CHFJPY chf jpy USD Fibonacci Retracement
5
2
waveanalysis trendanalysis chartpattern chfjpy chf jpy usd fibonacciretracement
Simple trend continuation trade on CHFJPY.

Higher lows and bullish trendline with price now rejecting the Fibonacci 0.618 retracement level and TL.

Higher lows showing bullish momentum is still present so there is potential for CHFJPY to now break the resistance level at 112.00 and make a new higher high.

Stop Loss is at 30 pips to leave it below the 0.786
Trade active
Trade closed: stop reached
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.