Institutional Weekly and Daily Supply for CHF/JPY
Dear Traders,
New pair on our watch list, being CHF/JPY which reached our supply area. Price pushed with heavy bullish momentum towards our weekly and daily area of value, so we have to wait patiently for some daily deceleration and our strategy trade plan to be shown in the charts.
4Hour and 1Hour price-action needs time to develop and is likely to do so next week. Personally I am waiting for a complete 1hour break-out, but if you're curious about our strategies and have our trade plan, check out our website newcapitalfx.com
Have a great end of the week all.
Best regards,
Max Nieveld
New pair on our watch list, being CHF/JPY which reached our supply area. Price pushed with heavy bullish momentum towards our weekly and daily area of value, so we have to wait patiently for some daily deceleration and our strategy trade plan to be shown in the charts.
4Hour and 1Hour price-action needs time to develop and is likely to do so next week. Personally I am waiting for a complete 1hour break-out, but if you're curious about our strategies and have our trade plan, check out our website newcapitalfx.com
Have a great end of the week all.
Best regards,
Max Nieveld