Justification of long CHFJPY position:
-Price ranging in the lower area of the linear regression channel.
-Momentum indicator just about to cross on the positive side.
-Price just crossed 14EMA and if you added 3 more EMAS (4,18,40), we would see a formation described as "ema's death cross" starting to take place, where 18 an 40 range parallel and 4 sharply crosses both of these EMAs.
-Strong resistance in 108.200 which has failed to break in several occasions.
-Price ranging in the lower area of the linear regression channel.
-Momentum indicator just about to cross on the positive side.
-Price just crossed 14EMA and if you added 3 more EMAS (4,18,40), we would see a formation described as "ema's death cross" starting to take place, where 18 an 40 range parallel and 4 sharply crosses both of these EMAs.
-Strong resistance in 108.200 which has failed to break in several occasions.
Transaction en cours
Stop can be moved to BE
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.