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Chfjpylong

CHF/JPY Potential Upward Movement 🚀 Technical Analysis: The price is trading inside a bullish flag which indicates that we are in a correction before an impulse to the upside. The pair is heading toward the area of confluence which is made by the 61.80% Fibonacci retracement and the strong support. This will lead to a move upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 122.18 Take Profit @ 122.45 Stop Loss @ 122.08 Trade Safely 🙂
Long
by Forex-Robot-Nation
CHFJPY long trade idea Daily chart in a bullish trend H4 chart - initiated bullish trend and had retraced to 50% fib level, rejecting from a previous level of resistance (H4 projection projection -27% fib level) 30m chart - Break of resistance creating a new high after a double bottom, was waiting for a retracement for to the 38.2%or 50% fib level, however started ranging between 0 and 23.6% and broke the resistance level, entering on the retest of this level as support to try and take at least to previous H4 resistance.
Long
by Inacio_1998
1