Pullback on CHFJPY will come soon

Pullback on CHFJPY will come soon

CHFJPY is falling since it made a pin bar on 21.9., so the decline on this currency pair already lasts 3 weeks. Now it has got in the zone where the pullback is possible. There is a support zone with Fibonacci levels 50 and 61.8, which are the most reactive. The market is also creating a divergence after which we expect at least a little movement upwards. We plan to execute the trade somewhere between 112-113 if our algorithms confirm this buy signal. Don’t forget that successful trading is about timing. We are patiently waiting for this trade.

trading forex and chfjpy


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.