Technical analysis CHFJPY for 07.09.2023

07.09.2023 17:35
Внутридневный
Технический

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 is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 165.750. The closest support is the level 163.640

Key levels

  • 168.090, 165.750, 163.640, 161.980, 160.310

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 165.750, with Take Profit of 168.090 and Stop Loss of 164.750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 163.640, with Take Profit of 161.980 and Stop Loss of 164.750

Сценарии
Рекомендации
BUY STOP

Точка входа
165.750

Take Profit
168.090

Stop Loss
164.750

Ключевые уровни
168.090, 165.750, 163.640, 161.980, 160.310
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
163.640

Take Profit
161.980

Stop Loss
164.750