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CHFJPY – Buyers finnaly face off true power..
Trend: Strong Buy
Support/Resistance:
R4: 114.586
R3: 113.931
R2: 113.482
R1: 112.858
S1: 111.965
S2: 111.286
S3: 110.824
Price action:
Buyers are finnaly face off with sellers and strike up. So the trending flow was already known from last trades we published and give to everyone instructions about chfjpy pair. Because Chf broke previous levels very strong, we might see slowly move. On the other side, if Jpy currency will be that low as we see from colleration moving perioud, then we can see easily all potencial targets on this currency pair.
Potencial trade idea:
Bulls targets:
T1: 110.824
Bears targets:
T1: 112.858
T2: 113.482
T3: 113.931
T4: 114.586
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 – Buyers finnaly face off true power..
Trend: Strong Buy
Support/Resistance:
R4: 114.586
R3: 113.931
R2: 113.482
R1: 112.858
S1: 111.965
S2: 111.286
S3: 110.824
Price action:
Buyers are finnaly face off with sellers and strike up. So the trending flow was already known from last trades we published and give to everyone instructions about chfjpy pair. Because Chf broke previous levels very strong, we might see slowly move. On the other side, if Jpy currency will be that low as we see from colleration moving perioud, then we can see easily all potencial targets on this currency pair.
Potencial trade idea:
Bulls targets:
T1: 110.824
Bears targets:
T1: 112.858
T2: 113.482
T3: 113.931
T4: 114.586
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