CHFJPY - Looking for a bounce off 123.300 DEAD from support zone

โดย lakishnarayan
Hi everyone!

I am looking at a support zone entry for this pair.

CHFJPY

BUY LIMIT @ 123.300
Stop Loss: 123.255 (Add Spread)
TP 1 (1R): 123.344 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 123.432 (20%)
TP 3 (5R): 123.520 (20%)
TP 4 (10R): 123.741 (20%)

Reason: Although i am anticipating price forming an accumulation schematic in this area, i can see reasons for price to travel low, I'm looking for a spring to the area marked. At the least we should see a reasonable reaction from the level. i will only really be entering if i first see a valid schematic forming first.
accumulationBeyond Technical AnalysisBOSchfjpylongHarmonic PatternsictorderflowschematicsmartmoneyconceptTrend Analysiswyckoff
lakishnarayan

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