CHFJPY - Technically a Strong SELL Setup!
Hey followers and other TradingView users!
Blue box SELL criteria:
- Trendlines should act as resistance levels
- Previous support becomes resistance
- Fibonacci golden ratio 62%
- Daily EMA100 on the blue box should act as resistance
- Semi-round nr. inside the box 111.500
Please, do not forget to support my idea post by hitting the "LIKE button!
Thank You very much!
Have a nice day!
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Blue box SELL criteria:
- Trendlines should act as resistance levels
- Previous support becomes resistance
- Fibonacci golden ratio 62%
- Daily EMA100 on the blue box should act as resistance
- Semi-round nr. inside the box 111.500
Please, do not forget to support my idea post by hitting the "LIKE button!
Thank You very much!
Have a nice day!
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Trade active:
A bit spooky strongness from CHF but a perfect spot to sell it with tight SL - the price has touched all reversal price action criteria:
Comment:
It is still in this area but the safer plan would be to wait for a bearish candlestick pattern at least 1H+timeframe!
