Technical analysis CHFJPY for 02.11.2023
02.11.2023 00:50
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 166.720. The closest support is the level 165.100
Key levels
- 168.200, 167.550, 166.720, 165.100, 164.270, 163.220
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 166.720, with Take Profit of 167.550 and Stop Loss of 166.100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 165.100, with Take Profit of 164.270 and Stop Loss of 166.100
Guión
Recomendación
BUY STOP
Punto de entrada
166.720
Take Profit
167.550
Stop Loss
166.100
Niveles clave
168.200, 167.550, 166.720, 165.100, 164.270, 163.220
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
165.100
Take Profit
164.270
Stop Loss
166.100