CHFJPY BREAKOUT TRADEPRICE IS FINISHING THE CONSOLIDATION PERIOD. EXPECT A BREAKOUT.
ON THE CHART ATR LEVEL OF 1.4113 AND BEYOND THAT IS CONSIDERED AS HIGH VOLATILITY FOR THIS CURRENCY PAIR.
FOR BUY:
ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL; CONFIRMATION SHOULD BE A BREAK OF THE 106.326 FIB LEVEL.
FOR SELL:
ENTER TRADE ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL.
IN ORDER TO AVOID FALSE BREAKOUTS, ENTER TRADE AT 50 PIPS ABOVE OR BELOW THE PRICE LEVEL.
STOP LOSS 100 PIPS
Chfjpyforecast
CHFJPY: (4h rsi diversion + overbought + pattern ) = SHORT YOUR LIKE MATTERS : Give it a like if this has helped you in any way , follow for more ideas and daily updates.
check out my AUDUSD idea linked below, there is still a chance to enter.
NO EARLY ENTRIES, always watch for strong price action. It's better not to trade than loosing money.