CHFJPY
As can be seen from the chart, CHFJP has been forming a giant bearish butterfly since Dec 16, 2022, so I assume the first minor abc correction has started since yesterday.
In addition, the 5-wave bullish movement (probably) ended yesterday.
This plotted falling movement should reach at least 0.618% Fibbonacci or the Ichimoku baseline.
Both values match and are marked with the blue box.
Confirmation: break and close below the @153.757 price level on a daily basis.
In addition, the 5-wave bullish movement (probably) ended yesterday.
This plotted falling movement should reach at least 0.618% Fibbonacci or the Ichimoku baseline.
Both values match and are marked with the blue box.
Confirmation: break and close below the @153.757 price level on a daily basis.
Penafian
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