💡Don't miss the great sell opportunity in CHFJPY

6 окт. 2022 г.

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (147.220).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CHFJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 27.

Take Profits:
TP1= @ 146.431
TP2= @ 145.893
TP3= @ 145.210
TP4= @ 144.310
TP5= @ 143.516

SL: Break Above R2

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