Technical analysis CHFJPY for 07.02.2024
07.02.2024 01:05
Intradía
Técnico
The Tenkan-sen line is located below 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 is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 170.440. The closest support is the level 169.580
Key levels
- 171.420, 170.890, 170.440, 169.580, 169.000, 168.440
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 170.440, with Take Profit of 170.890 and Stop Loss of 170.000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 169.580, with Take Profit of 169.000 and Stop Loss of 170.000
Guión
Recomendación
BUY STOP
Punto de entrada
170.440
Take Profit
170.890
Stop Loss
170.000
Niveles clave
171.420, 170.890, 170.440, 169.580, 169.000, 168.440
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
169.580
Take Profit
169.000
Stop Loss
170.000