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hassanejaz1
16 gen 2024 19:56
CHFJPY forming a rising wedge
Short
FX:CHFJPY
240
Swiss Franc/Japanese Yen
FXCM
Descrizione
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16 gen 2024 19:56
A rising wedge is taking shape in CHFJPY, accompanied by a noticeable divergence on the chart. There's a likelihood of a reversal in the upward trend. I am prepared to enter the trade upon the breakout of the trend line.
I'm curious to hear your thoughts on this setup.
Cheers!
Wedge
Trend Analysis
Trend Lines
Commenti
TheFxAce
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17 gen 2024 02:10
The reasons for potential decline are meticulously laid out.
hassanejaz1
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17 gen 2024 08:34
@TheFxAce
, Thanks
shubhamusher
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16 gen 2024 21:28
No shorts in this month. BOJ meeting next week will be bullish for this.
hassanejaz1
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17 gen 2024 08:34
@shubhamusher
, Lets wait and watch
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