CHFJPY has been overall bullish, respecting the rising blue channel nicely over the past weeks.
Right now, price is pulling back into an important intersection:
the demand zone lining up with the lower blue trendline.
This is the kind of area where trends usually get tested, not broken.
As long as this confluence zone (highlighted by the blue circle) continues to hold, my bias remains straightforward:
I’ll be looking for trend-following long setups, preferably after confirmation on lower timeframes.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Right now, price is pulling back into an important intersection:
the demand zone lining up with the lower blue trendline.
This is the kind of area where trends usually get tested, not broken.
As long as this confluence zone (highlighted by the blue circle) continues to hold, my bias remains straightforward:
I’ll be looking for trend-following long setups, preferably after confirmation on lower timeframes.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。