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CHFJPY Potential Bearish White Swan And Short Opportunity

CHFJPY Potential Bearish White Swan And Short Opportunity

Description: CHFJPY trend on H4 Chart turned bearish from bullish. We see a retracement toward EMA 50. A potential white swan pattern would be completed at D. Bearish continuation is predicted.

Pair / Instrument: CHFJPY

Time Frame: H1

Trade Period: Intraday / Midterm

The trend in the Timeframe: Bearish

The trend in the Daily Chart: Bullish

Trade Based On: Bearish White Swan

Accuracy: %92

Recommended Lot Size: 0.10 at 10K

Trade: Long

The Area Of The Entry: 113.650 – 113.700

Stop Loss: 114.000

Target 1: 113.000

Target 2: 112.200

Note: Aggresive traders may try short entry at 113.450 at the test of the trend line.

You can follow the trade: CHFJPY WHITE SWAN

 

You can check  our signal results

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

CHFJPY Bearish White Swan: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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