Supply & Demand CHF/JPY (4 Hour)

10. Okt. 2019Using my Supply and Demand trading strategy. I have analysed the pair CHF/JPY on the 4 Hour Chart. I believe that the pair is a Strong Sell only if the next candle formed is a BIG Bearish Candle or either a Rejection Candle. If this is the case, I will be looking to go Short towards Target 1 and Target 2. If the pair forms a Bullish Candle, I will be looking to go Long.

16. Okt. 2019

Trade geschlossen: Ziel wurde erreicht

After the bullish candle formed, I went long.