Dear Traders,
I regret to inform you that the last wave of #CHFJPY still needs to be completed. Based on my analysis, I expect this completion to occur around the range of 163.9 to 164.4.
To mitigate potential risks, I highly recommend taking some hedge positions for your sell positions. It is advisable to allocate at least half of your lot size for these hedge positions. Additionally, please ensure that you set your take profit level at 163.9 and place a stop loss at your entry point.
I have provided a rough map indicating possible future movements. While it may not be entirely accurate, it can give you an idea of suitable points to consider initiating hedge positions and setting take profit levels.
For the upcoming week, it is crucial to prioritize account safety and remain cautious. A significant downward bearish trend is anticipated to commence soon.
To assess the future profit potential, I suggest monitoring #
XAUJPY
and # $OANDA:XAUCHF. #XAUJPY has already reached the end of wave 5 in the bullish market, while #XAUCHF is poised to experience wave 5 in the uptrend. Consequently, these indications strongly suggest that JPY will likely gain strength in the near future. By employing hedge positions, you can safeguard your account during this period.
Wishing you a safe week ahead, with the anticipation of substantial profits to come.
Best regards,
I regret to inform you that the last wave of #CHFJPY still needs to be completed. Based on my analysis, I expect this completion to occur around the range of 163.9 to 164.4.
To mitigate potential risks, I highly recommend taking some hedge positions for your sell positions. It is advisable to allocate at least half of your lot size for these hedge positions. Additionally, please ensure that you set your take profit level at 163.9 and place a stop loss at your entry point.
I have provided a rough map indicating possible future movements. While it may not be entirely accurate, it can give you an idea of suitable points to consider initiating hedge positions and setting take profit levels.
For the upcoming week, it is crucial to prioritize account safety and remain cautious. A significant downward bearish trend is anticipated to commence soon.
To assess the future profit potential, I suggest monitoring #
XAUJPY
and # $OANDA:XAUCHF. #XAUJPY has already reached the end of wave 5 in the bullish market, while #XAUCHF is poised to experience wave 5 in the uptrend. Consequently, these indications strongly suggest that JPY will likely gain strength in the near future. By employing hedge positions, you can safeguard your account during this period. Wishing you a safe week ahead, with the anticipation of substantial profits to come.
Best regards,