💡Don't miss the great sell opportunity in GBPCHF

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2798).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 29.

Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590

SL: Break Above R2

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USD/JPY Technical Analysis.

U.S. Dollar/Japanese Yen FX:USDJPY

rishililawat5

Hello traders, USD/JPY is trading at 110.78. The price is reversing from support levet and consolidating in the resistance and support wedges from sometime. If the price breaks the resistance level at 110.90 then it can start a new up trend and then its targets will be first target at 111.11 and second target at 111.34.

Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.

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Rishikesh Lilawat