CHFJPY has hit a weekly supply zone as well as breaking the upward trend line and completing the pullback to it.
The price is now ready to fall. The goal can be a low daily demand level.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
The price is now ready to fall. The goal can be a low daily demand level.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
Trade closed: target reached
DONE!
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Related publications
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.