Hi guys,
CHFJPY looks ready for his fifth wave. The last wave was already started (3) but is not too late to open BUY order.
On Ichimoku Cloud, everything is good, trend line is above (1) and the Lagging Span (2) too.
A bull trend line is still active on RSI (4).
If ou want more security on your position, you can wait the sell zone breakout, if that's happen, the 1.19 target will be confirm.
Thanks for your time.
CHFJPY looks ready for his fifth wave. The last wave was already started (3) but is not too late to open BUY order.
On Ichimoku Cloud, everything is good, trend line is above (1) and the Lagging Span (2) too.
A bull trend line is still active on RSI (4).
If ou want more security on your position, you can wait the sell zone breakout, if that's happen, the 1.19 target will be confirm.
Thanks for your time.
Trade closed: stop reached
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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.