Nice 1 to 2 reward for patient ones.
Because it could take longer until there is movement again. I'm taking this long trade again.
CHFJPY has been in a range after the pullback for 10 days. Buyers apparently accumulate at these levels. Minimum target is the 61.8 retracement. Fundamentally, the yen has not improved. Therefore a good long in my opinion.
Trading in the range is also possible here.
Because it could take longer until there is movement again. I'm taking this long trade again.
CHFJPY has been in a range after the pullback for 10 days. Buyers apparently accumulate at these levels. Minimum target is the 61.8 retracement. Fundamentally, the yen has not improved. Therefore a good long in my opinion.
Trading in the range is also possible here.
Nota
The market has not shown the strength that was expected. I am closing the position. I'm currently expecting that it could go down to 175.05. I place my limit order here. PMI and CPI data from Japan are due this week. This could be the event that is a trigger.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.