darcsherry

CHFJPY | Perspective for the new week

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darcsherry 已更新   
FX:CHFJPY   瑞郎/日元
A successful breakout of the supply zone at the 144.00 area at the beginning of this month incited a strong bullish momentum. However, the character of the price movement during the course of last week's trading session insinuates a possible decline in the momentum as the reversal pattern evolves after multiple rejections of the 150.600 area. In this video, I have illustrated how I intend to trade the CHFJPY in the coming week.

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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
评论:
Based on the current structure; I am looking forward to either a breakdown of the 148.100 or a breakout of the channel to the upside where I will be looking forward to seeing a rejection of the key level at 148.700 to sell.


Good morning
交易开始:
Price within the sell window (between 50 - 78.6% of impulse leg); looking forward to a reversal structure to anticipate a bearish move.


Good morning
交易开始:
MUltiple rejection of sell window by the sellers

交易开始:
Price action has continued in our direction... moving stop-loss


Good morning
交易开始:
Anticipate re-entry

交易结束:到达目标:
After being stopped out; re-entry hits TP(270pips)


Good morning

Trade smart. Trade consciously
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