Short on CHF JPY
Base on wave theory and the Fibonacci theory, CHF JPY should reach the 128,00 extension.
It will most probably stay between the dark blue line and the lower light blue line.
It still could go up to the higher light blue line, so don't lower your stop loss too fast.
The red lines are highly possible resistance level where the price could go from the lower blue line to the dark blue one.
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Comment if any questions!
Good trade!
It will most probably stay between the dark blue line and the lower light blue line.
It still could go up to the higher light blue line, so don't lower your stop loss too fast.
The red lines are highly possible resistance level where the price could go from the lower blue line to the dark blue one.
If you found my idea useful, please put a like and subscribe!
Comment if any questions!
Good trade!
Penafian
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