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** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
A follow-up detail on the EURJPY & CHFJPY was published on Monday (see link below for reference purposes).
We are taking a "pause" on these ones as price action isn't in alignment with our initial structure.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all...
CHFJPY
Was trading within a range only the range was around 300 pips from 116.00 to 119.00.
From 116.500 it went bullish up to 119.00 and reached 2021 yearly high and started falling towards yearly low levels. CHFJPY will fall towards 114.00
Sell @ 116.500
Take profit @ 115.100
Stop lose @ 116.850
