Around 800 P - medium term

By NeverNO

Updated

This medium term trade would be good only for the patient traders.
The chart shows 4 TP levels.
SL under 108

Note

I am long at 108.67

Note

CHFJPY - here we still see the red cloud on monthly, weekly and daily, only on H4 ist the cloud green, but I still think that CHFJPY will not be lower than 108.16 next week.
Well, then quite concretely, the low next week could be between 108.45-33.
(And 108.19 as a possible last level for the long entry.)
A daily closing price below 108.16 would be against my expectation and therefore negative.

NeverNO

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.