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Target 1: 115,970
Target 2: 116,200
Target 3: 116,445
Target for One-Target-Trader: 116,200
Stop-Loss: 34 pips
Risk: 0,5% - 1%
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Hello Friends! I hope "CHFJPY" will go Short 'Sell' and touch S1 then some correction. After her correction, it will touch S2 and S3.
Are you have any questions, suggestions, or feedback? Then write on a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation.
Price is making a correction in lower time frame from the rising wedge pattern, i will be taking short trade in this pair.
Could have taken the trade early in the pattern with great RR but NEVER FOMO ( FEAR OF MISSING OUT ) because there is much more opportunity i can take later on.
* The risk to reward shadow is just an estimate *
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Here Is the Idea
Target - We have tons of equal highs on the monthly and I believe we will be making a run for them this week or at least sometime this month.
I like the fact we respected an old support level + cleared 3-4 weekly lows + reversed on them and closed above.
This is the type of behavior I like to see. The close above the lows shows not only were...
Hi all traders,
This is a video analysis on chfjpy.
As always, i have explained some of the levels for the traders to take note of it.
hope you will take note of it and trade only when there's a breakout.
As always, do leave a comment if u have any questions
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Cheers and thank you!
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...