As we can see, the daily trend is bullish for CHFJPY.
The moving averages are showing angle and separation, plus there was strong buying momentum through all of last week. That is until Fridays candle, which printed as a Shooting Star/pin candle.
This candle could possibly signal the start of a correction back towards the moving averages.
Look for a trade that meets your strategy rules.
The moving averages are showing angle and separation, plus there was strong buying momentum through all of last week. That is until Fridays candle, which printed as a Shooting Star/pin candle.
This candle could possibly signal the start of a correction back towards the moving averages.
Look for a trade that meets your strategy rules.
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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.
Low-Cost Trading, for everyone, everywhere.
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.