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ForecastCity
Dec 29, 2020 8:26 PM

💡 Don't miss the great buy opportunity in CHFJPY Long

CHF/JPYOANDA

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (116.62). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.

Take Profits:
TP1= @ 117.25
TP2= @ 117.45
TP3= @ 117.75
TP4= @ 118.15
TP5= @ 118.55

SL= Break below S2

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Comments
Pro_Trader_007
Upvoted! 👏
ForecastCity
@Pro_Trader_007, Thanks for your comment.
Kristalyn
❄️ I enjoyed it thanks ❄️
ForecastCity
@Kristalyn, You're welcome. 👍
Kamryn
RIGHT! It's a unique forecast. Cheers 👍
ForecastCity
@Kamryn, Cheers 👍
DenizKilicDeniz
Agreed
ForecastCity
@DenizKilicDeniz, We appreciate your comment.
Mesutkashmar
Well Done! 👍 👍 👍 Looks good
ForecastCity
@Mesutkashmar, Thank you for your comment. We appreciate it
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