CHFJPY – The price is at decision moment
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CHFJPY – The price is at decision moment
Trend: Strong Buy
Support/Resistance:
R4: 114.666
R3: 113.823
R2: 113.233
R1: 112.583
S1: 112.486
S2: 112.157
S3: 111.850
S4: 111.314
Price action:
Buyers finally break important level which is proving common decision for trend continuation. Still the price has to hold above first resistance level to continue its way, which will be seen in common days. If the price get denied then we have to wait for new price action moment.
At the moment CHFJPY currency pair is at very strong bullish spot from momentum pespective, price action and all Elite corners. We just need the right moment to decide perfect entering point.
Potencial trade idea:
Bulls targets:
T1: 113.233
T2: 113.823
T3: 114.666
Bears targets:
T1: 112.157
NOTE – We are trading CHFJPY via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Use our free analysis where you have everything you need for potencial trade ideas and profit.
CHFJPY – The price is at decision moment
Trend: Strong Buy
Support/Resistance:
R4: 114.666
R3: 113.823
R2: 113.233
R1: 112.583
S1: 112.486
S2: 112.157
S3: 111.850
S4: 111.314
Price action:
Buyers finally break important level which is proving common decision for trend continuation. Still the price has to hold above first resistance level to continue its way, which will be seen in common days. If the price get denied then we have to wait for new price action moment.
At the moment CHFJPY currency pair is at very strong bullish spot from momentum pespective, price action and all Elite corners. We just need the right moment to decide perfect entering point.
Potencial trade idea:
Bulls targets:
T1: 113.233
T2: 113.823
T3: 114.666
Bears targets:
T1: 112.157
NOTE – We are trading CHFJPY via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Disclaimer
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