CHFJPY STRONG SELL!

2020-03-03 02:47:03

HERE WE HAVE A NICE SETUP ON CHFJPY. IF YOU LOOK AT THE CHART FROM A LONG TERM PERSPECTIVE (MONTHLY) WE HAVE GOOD PRICE ACTION THAT SUGGESTS PRICE IS GOING TO GO DOWN. ON THE 4HR CHART PRICE IS SITTING IN A KEY SUPPLY/DEMAND AREA AND THE CURRENT 1HR CANDLE IS FORMING AN INVERTED HAMMER WHICH WILL CONFIRM ENTRY. CAN GET IN ON A GREAT RISK REWARD SETUP HERE AND I THINK ITS A MODEST TARGET (FOLLOWING LONG TERM PLAN) SHOULD BE A GOOD ONE.

I HAVE NOW LAUNCHED A FREE TELEGRAM CHANNEL FOR MARKET INSIGHT AND TRADES THAT I TAKE. IF YOU WOULD LIKE TO JOIN PLEASE FOLLOW THE LINK: https://t.me/Danirvin