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Thursday, June 10, 2021

CHF/JPY Potential Upward Movement πŸš€

CHF/JPY Potential Upward Movement πŸš€

Technical Analysis:

The price is trading inside a bullish flag which indicates that we are in a correction before an impulse to the upside. The pair is heading toward the area of confluence which is made by the 61.80% Fibonacci retracement and the strong support. This will lead to a move upward in the same direction of the main trend.
Trade Idea:

Buy Limit Order @ 122.18
Take Profit @ 122.45
Stop Loss @ 122.08

Trade Safely πŸ™‚

from TradingView Ideas
via gqrds

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