Good day everyone,
CHFJPY might pullback very soon toward 111.500~112.000 zone , the price were oversold on our weekly T.F and now looks bullish, and we have bullish divergence on weekly and daily T.F as well
JPY FUTURES are current on a support level however the bears arent gonna respect this one (just a personal guest), at least not for a long time.
We see the price is moving sideways for a while now, a good way to enter long is wait for a strong bullish candle on H4 time frame, closing above current levels and near the candle high (without shadows or almost none).
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
CHFJPY might pullback very soon toward 111.500~112.000 zone , the price were oversold on our weekly T.F and now looks bullish, and we have bullish divergence on weekly and daily T.F as well
JPY FUTURES are current on a support level however the bears arent gonna respect this one (just a personal guest), at least not for a long time.
We see the price is moving sideways for a while now, a good way to enter long is wait for a strong bullish candle on H4 time frame, closing above current levels and near the candle high (without shadows or almost none).
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Comment:
Price starting to reach our resistance zone =)
Comment:
There it this, target!
Longs are closed , now perhaps a short opportunity will present but this if for another idea =)
Longs are closed , now perhaps a short opportunity will present but this if for another idea =)