Home About the company Daily reviews CHFJPY analysis 07.02.2020

CHFJPY analysis 07.02.2020

07.02.2020

Market Review

The overall trend is downward. Breaking through the price pivot zone 112.63 will result in the formation of a descending pattern of the H1 level within the descending wave (C) of the descending pattern of the H4 level pattern.

Trading recommendations:

Sell below 112.63.

Stop loss above the price pivot zone of 113.20.

Target levels: 118.82 (above the round secondary level + trap for the pros); 111.11 (level 123.6% of A H4 and support level).

Author: admin
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