ForexDetective

CHF/JPY Next Possible Movement

FX:CHFJPY   Franc Swiss / Yen Jepun
CHF / JPY ( Swiss Franc / Japanese Yen ) Technical Analysis Chart Update
Time Frame - H2

According to the Long Time Frame #LTF it is following the Expanding Diagonal and It has #Breakout the Upper Trend Line #UTL and Retested
In #LTF it is also following the Impulse Correction Impulse as well as in Short Time Frame #STF it has completed its " ABC " corrective wave and Following Impulsive Wave
In Short Time Frame #STF it is Following Bullish Channel it is possible that it will Reject from the Upper Trend Line #UTL and Daily Resistance Level and then Follow Sell Trend according to this Pattern
Buy After it breaks the Daily Resistance Level and Retest
Sell After Strong Bearish Price Action

Penafian

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