CHFJPY at neutral spot looks bullish
Hello guys
In this case we have a case scenario similar to our lessons we taught you. This kinda trades depends on patience. As you can see chfjpy is moving at the moment in neutral spot for longer time. There was a moment where chfjpy shoudl go bullish on 12.14.2021. Price didn't make it because of low momentum, so it stayed at neural spot between 123.435 resistance level and 122.388 support level. For safety reason we recommend you to be still aware of possible upcoming bullish momentum. If bulls are able to push price higher, then you can trade it once price broke 123.435 resistance level.
T1: 124.535
T2: 125.452
Check also previous USD pairs we published
In this case we have a case scenario similar to our lessons we taught you. This kinda trades depends on patience. As you can see chfjpy is moving at the moment in neutral spot for longer time. There was a moment where chfjpy shoudl go bullish on 12.14.2021. Price didn't make it because of low momentum, so it stayed at neural spot between 123.435 resistance level and 122.388 support level. For safety reason we recommend you to be still aware of possible upcoming bullish momentum. If bulls are able to push price higher, then you can trade it once price broke 123.435 resistance level.
T1: 124.535
T2: 125.452
Check also previous USD pairs we published
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.