CHFJPY Important Trendline Retest
Hey!
Here could be a potential SELL opportunity around the 111.000.
Around the 111.000 matches some criteria:
1. Important trendline retest, which should act as a resistance
2. Old support becomes resistance
3. The round number 111.000 acts as a resistance
4. Lower timeframes EMA's should work as resistances.
Wait for the rejection from the lower timeframes!
Do not forget to hit the "LIKE button!
Cheers!
Here could be a potential SELL opportunity around the 111.000.
Around the 111.000 matches some criteria:
1. Important trendline retest, which should act as a resistance
2. Old support becomes resistance
3. The round number 111.000 acts as a resistance
4. Lower timeframes EMA's should work as resistances.
Wait for the rejection from the lower timeframes!
Do not forget to hit the "LIKE button!
Cheers!
Trade active
Trade closed: target reached
The first target reached!
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.