UPDATE: CHFJPY Multi-timeframe Analysis & Trade Idea
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Hello everyone, if you like the idea, do not forget to support with a like and follow.
We still have a W formation on the Monthly & Weekly where we have 2 sets of trades as seen below. We are looking into a neckline retracement before the move to the upside. We are also looking for a sell reentry before the reversal on the Monthly or Weekly long.
BUY 1 (Weekly W Pattern - Neckline reversal) Entry: 119.861 Take Profit: 127.331 Stop Loss: 118.564
BUY 2 (Monthly W Pattern - Neckline reversal) Entry: 121.193 Take Profit: 127.087 Stop Loss: 119.458
Good luck!
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