TradingView
ForecastCity_World
Jan 10, 2022 4:44 PM

πŸ’‘Don't miss the great sell opportunity in CHFJPYΒ Short

Swiss Franc/Japanese YenFXCM

Description

β‹…
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (125.43).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CHFJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 24.

Take Profits:
TP1= @ 124. 01
TP2= @ 123.59
TP3= @ 122.79
TP4= @ 122.32
TP5= @ 121.50

SL: Break Above R2

❀️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the πŸ‘ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❀️ Your Support is very much πŸ™ appreciated!❀️
πŸ’Ž Want us to help you become a better Forex / Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❀️
ForecastCity English Support Team ❀️
Comments
kimstandgraph
β‹…
Cheers
redawan81
β‹…
its an Wonderfull analyses..... well Working πŸ‘πŸ‘πŸ‘πŸ‘πŸ‘πŸ‘
ForecastCity_World
β‹…
@redawan81, Thank you for your feedback. We appreciate it.
JoeChampion
β‹…
Agreed, thanks for sharing!
ForecastCity_World
β‹…
@JoeChampion, You're welcome! Thank you as well for your comment.
TradingBonus
β‹…
Amazing work brother!
ForecastCity_World
β‹…
@Zanchy, Thank you for your feedback. We appreciate it.
DenizKilicDeniz
β‹…
Great quality! Thank you!
ForecastCity_World
β‹…
@DenizKilicDeniz, You're welcome! Thank you as well for your comment.
JAYGRAFTTHETRADER
β‹…
πŸ’―πŸš©πŸŽ―
More