112.776 - 113.266 Add to Watch List
Signal ID: 70720
Time Issued: Monday, 24 February 2020 20:00:15 GMT
Entry: 112.776 - 113.266
Stop Loss: 113.999
The Tidal Shift Strategy has just sold CHFJPY at 113.021. The system recommends entering this trade at any price between 112.776 and 113.266. The signal was issued because our Speculative...
so as seen here this does not confirm yet that this can move higher but looking at the current price with how we broke and now retesting this area with a small hover running on that trend i'm going to set my entry just above as seen so if this does not play out then i'm not in the trade i prefer this type of entire i will be now waiting for another breakout soon
Boom! Looks like volatility is coming back to the markets!
We are gaining some good proifts on selling the DAX and buying XAUUSD... but its probabily time to get us some JPY too!
The daily chart on CHFJPY shows a possible head & shoulders pattern and indicates a strong possiblity that a reversal and retest of key support is due.
A video follow up is coming...
CHFJPY is currently in a uptrend and has hit it's pullback and has a high potential reversal chance as there is a huge divergence in the daily + hitting strong trend line and also hitting previous resistances. Comment below on what you think will happen ;)
this is the daily time frame now looking just at price action alone looks very interesting right seen in this picture 2 price bars pulled out the charts and would you agree they look the same ? now on the higher time frames show more direction with price but this doesn't mean that this cant just go straight through current price but adding with breaking this...
so adding up a lot to why i would take this long under the 200 EMA landing along side the 382 fib and retesting a good area of support once again and backing by the higher time frames this could go higher than my TP target but i like to be in and out of the markets depending on how i see a situation not a lot of room left before we could see some big bearish...