āļŠāļ§āļīāļŠāļāļĢāļąāļāļāđ / āđāļĒāļāļāļĩāđāļāļļāđāļāđāļāļīāđāļĄāļāļķāđāļ
CHFðĻð/JPYðŊðĩ the CLIMB with an awesome trend
ðĻð/ðŊðĩ has been showing us its strength since October 2019, regardless of the global pandemic and the rest of the world situation.
Since then it has scored a +15.5% and does not seem to want to stop here.
The price is continuing to form HH and HL, showing a perfect reaction with the S/R contact points, as you can see from the ->.
The price is now at one of these points, so it might be interesting to monitor the situation for a long-term potential.
A potential scenario is the climb to the heights reached in 2015, about a quotation of 135.
Representation of a personal idea, is therefore not to be considered neither an investment suggestion nor a financial advice.
Since then it has scored a +15.5% and does not seem to want to stop here.
The price is continuing to form HH and HL, showing a perfect reaction with the S/R contact points, as you can see from the ->.
The price is now at one of these points, so it might be interesting to monitor the situation for a long-term potential.
A potential scenario is the climb to the heights reached in 2015, about a quotation of 135.
Representation of a personal idea, is therefore not to be considered neither an investment suggestion nor a financial advice.
āļāļąāļāļāļķāļ
At 4H the price is forming a parallel channel of consolidation.āļāļąāļāļāļķāļ
An impulsive entry right there on the lower level of support could offer an awesome R:R; a more "safe" and conservative entry could be on the retest of the breackout of this zone.āļāļąāļāļāļķāļ
Price is still into the range, but is showing some bullish sentiment.āļāļąāļāļāļķāļ
As expected is running nicely to the upside.āļāļąāļāļāļķāļ
200 pips circa āļāļąāļāļāļķāļ
Strong continuation also in this "Holidays period".āļāļąāļāļāļķāļ
At 1D price broke the previous HH, so potentially the price could reach 127.5 level circa, retracing into the new S/R area, before a continuation to the upside.āļāļąāļāļāļķāļ
The year has closed with a nice +3.10%āļāļąāļāļāļķāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāļāļĩāđ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ