TradingView
ForecastCity
14. Okt. 2020 16:32

πŸ’‘Don't miss the great sell opportunity in CHFJPYΒ Short

Swiss Franc/Japanese YenFXCM

Beschreibung

β‹…
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (115.67).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.

Take Profits:
TP1= @ 115.01
TP2= @ 114.60
TP3= @ 114.05
TP4= @ 113.25
TP5= @ 111.97

SL: Break Above R2

❀️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the πŸ‘ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❀️ Your Support is very much πŸ™ appreciated!❀️
πŸ’Ž Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❀️
ForecastCity English Support Team ❀️
Kommentare
sofi_Morphy
β‹…
Nice chart
ForecastCity
β‹…
@sofi_Morphy, Thank you
Mehmetozdemi
β‹…
keep up the amazing work!πŸ”₯πŸ‘
ForecastCity
β‹…
@Mehmetozdemi, Thanks, we appreciate your comment
DenizKilicDeniz
β‹…
Simple and useful chart. Thanks for the analysis.
ForecastCity
β‹…
@DenizKilicDeniz, Thank you for your feedback.
Pro_Trader_007
β‹…
Thanks for the posts keep them coming πŸ‘Œ
ForecastCity
β‹…
@Pro_Trader_007, You're welcome! πŸ’ŽπŸ™πŸ’Ž
CollegeofPips
β‹…
Always accurate trading ideas.

Thanks for sharing.

Our trading idea:
Mehr