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UPDATE: CHFJPY Multi-timeframe Analysis & Trade Idea

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Franco Suíço/Iene Japonês (OANDA:CHFJPY)  
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OANDA:CHFJPY   Franco Suíço/Iene Japonês
Multiple Time Frame Analysis Candlestick Analysis Fibonacci CHFJPY chfjpylong chfjpyanalysis chfjpyforecast chfjpyidea chfjpylongsetup
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mtfa candlestick fibonacci chfjpy chfjpylong chfjpyanalysis chfjpyforecast chfjpyidea chfjpylongsetup
Hello everyone, if you like the idea, do not forget to support with a like and follow.

We still have a W formation on the Monthly & Weekly where we have 2 sets of trades as seen below. We are looking into a neckline retracement before the move to the upside. We are also looking for a sell reentry before the reversal on the Monthly or Weekly long.

BUY 1 (Weekly W Pattern - Neckline reversal)
Entry: 119.861
Take Profit: 127.331
Stop Loss: 118.564

BUY 2 (Monthly W Pattern - Neckline reversal)
Entry: 121.193
Take Profit: 127.087
Stop Loss: 119.458

Good luck!

All Strategies Are Good; If Managed Properly!
~FX_SHIFTER

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