Technical analysis CHFJPY for 22.02.2024

22.02.2024 00:43
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 170.725. The closest resistance is the level 171.300

Key levels

  • 171.800, 171.300, 170.724, 170.425, 169,925

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 170.725, with Take Profit of 171.300 and Stop Loss of 170.425

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 170.425, with Take Profit of 169,925 and Stop Loss of 170.725

Guión
Recomendación
BUY LIMIT

Punto de entrada
170.725

Take Profit
171.300

Stop Loss
170.425

Niveles clave
171.800, 171.300, 170.724, 170.425, 169,925
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
170.425

Take Profit
169,925

Stop Loss
170.725