FX:CHFJPY   Swiss Franc / Japanese Yen
0
Be on the look out for price action entries amongst the 1 hour and 30 minute time frames.
We may see a pull back to at least Kijun Sen making a good entry to further upward movement.

We have formation on the daily above the cloud and Chikou has even raised above as well.

Caution between recent months lows and all time high however, we are sat near 50% retrace which may hinder people with larger profit taking ideas when going long.

My initials plans are to look for a rejection of the Kijun Sen on the 60 minute with stops just below Fridays 07:00 UTC. Stay tuned for an entry idea.

Related Ideas

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.