CHFJPY LONG UNTIL SELLERS AREA
Hi guys,
I’m sharing with you my price action analysis about CHFJPY, thats on my Weekly Watchlist.
As you can see from the chart a Strong Sellers area just become a Buyers Area.
What I’m expected now is to see a pullback until Sellers Level due to the strong buying interest.
I Set Up 2 targets, with the second one Risk Reward Ratio can be 5.7 times bigger.
*I recommend to place stop loss little bit more distant than a Support/Resistance, at a level where it invalidates your trading setup.
Always keep a control of your positions.
Tap a LIKE if you think is a useful idea. Did you make an idea about this pair? Share it in the comments.
In this post, I not recommend buying or selling so please do your own research, and follow your trading plan with a properly Money Management.
Thank you for reading.
I’m sharing with you my price action analysis about CHFJPY, thats on my Weekly Watchlist.
As you can see from the chart a Strong Sellers area just become a Buyers Area.
What I’m expected now is to see a pullback until Sellers Level due to the strong buying interest.
I Set Up 2 targets, with the second one Risk Reward Ratio can be 5.7 times bigger.
*I recommend to place stop loss little bit more distant than a Support/Resistance, at a level where it invalidates your trading setup.
Always keep a control of your positions.
Tap a LIKE if you think is a useful idea. Did you make an idea about this pair? Share it in the comments.
In this post, I not recommend buying or selling so please do your own research, and follow your trading plan with a properly Money Management.
Thank you for reading.
Comment:
First Target Reached 🐎