Technical analysis CHFJPY for 21.09.2023

21.09.2023 00:58
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 165.400. The closest support is the level 164.300

Key levels

  • 166.070, 165.720, 165.400, 164.300, 163.850, 163.300

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 165.400, with Take Profit of 165.720 and Stop Loss of 164.900

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 164.300, with Take Profit of 163.850 and Stop Loss of 164.900

Guión
Recomendación
BUY STOP

Punto de entrada
165.400

Take Profit
165.720

Detener la pérdida de
164.900

Niveles clave
166.070, 165.720, 165.400, 164.300, 163.850, 163.300
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
164.300

Take Profit
163.850

Detener la pérdida de
164.900