Price taking support on daily 200 days MA and consolidation after box breakout, provides some indication of bullishness of pattern. However, trade shall only be triggered on breakout of upper channel boundary.
HELLO TEAM. Price action has formed a Bullish Symmetrical triangle (continuation pattern.) expecting a retracement for a third touch of the trend-line before bullish confirmation.
description CHF/JPY Analysis 4h/ Chart Educational —————**- Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied Always enter into deals when there are more than 5 reasons combined ➕ Key Technical / Reason's lONG Expecting Bullish 117.750 Area 1) Year High...
Hello traders, Wave 4 has probably ended. A continuation of the uptrend(Wave 5) is supposed to materialise towards the resistance zone at 118.090. Thanks.
CHFJPY is currently trading within a wide horizontal trading range on daily. For intraday trading opportunities, consider its boundaries as safe places to buy/sell. To catch a new swing, though, we must wait for the breakout first. In case of a daily violation of its resistance (daily candle close above), bullish continuation will be expected to 118.5 In...
Hello friends, Looking like this pair is facing strong resistance currently. PRICE: 117.25 SL: 117.42 TP: 116.23
We've seen yet another bounce off our support level and price continues to trade in our flat channel. We're expecting bears to enter the market around this level. Stay tuned and watch this pair as we head into next week. Will we see a breakout?