Tendorian

CHFJPY Forecast Jan 30 - Feb 3

Lång
Tendorian Uppdaterad   
FX:CHFJPY   Schweizisk franc/Japanska yen
4
Trend has turned up, wait for a pullback to go long or a break of resistance and pullback.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
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Tuesday Jan 31

Pullback probably complete, look for price to start moving up.
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Wednesday Feb 1

Price needs to climb back above 114.35 to keep the bullish trend, else if it fails, I am expecting some sideways movement.

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Thursday Feb 2

I think support may break today.

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Friday Feb 3

Price should keep falling to supports.


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