Wednesday, February 8, 2023

CHFJPY Potential for Bullish Rise towards overlap resistance

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleCHFJPY Potential for Bullish Rise towards overlap resistanceTypeBullish BreakoutPreference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.If price breaks this level, we can likely see price pivot towards the overlap resistance. The support is where the overlap support is.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/chfjpy-potential-for-bullish-rise-towards-overlap-resistance"
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