UPDATE 2 π₯ REVENGE TRADE: CHFJPY π₯ REVENGE LONG TERM SHORT π₯
Analysis shows that the downtrend's anchor has been broken.
To begin, it is essential to recognize that the downtrend anchor is an important indicator of market trends. Its success reveals a bearish mood in the market and suggests that the current downtrend may continue. Regardless of the confirmation, investors should proceed with caution and carefully assess their investment plan.
Second, this is one of the most volatile Exotic Pairs in the forex market. Over the next few days and weeks, I'll be keeping a close eye on price action to confirm the market's trajectory and assist you in making educated guesses. This is a HIGHLY VOLATILE PAIR, and it is highly recommended that you manage your holdings to ensure that your investment choices are aligned with your own financial goals and risk tolerance. I typically invest 2% to 3% of my total income, with a risk-to-reward ratio of 1:1.
To begin, it is essential to recognize that the downtrend anchor is an important indicator of market trends. Its success reveals a bearish mood in the market and suggests that the current downtrend may continue. Regardless of the confirmation, investors should proceed with caution and carefully assess their investment plan.
Second, this is one of the most volatile Exotic Pairs in the forex market. Over the next few days and weeks, I'll be keeping a close eye on price action to confirm the market's trajectory and assist you in making educated guesses. This is a HIGHLY VOLATILE PAIR, and it is highly recommended that you manage your holdings to ensure that your investment choices are aligned with your own financial goals and risk tolerance. I typically invest 2% to 3% of my total income, with a risk-to-reward ratio of 1:1.
Professor C. E. Ward
