CHF/JPY Will Collapse! SELL!
My dear followers,
I analysed this chart on CHF/JPY, and concluded the following:
The market is trading on 149.632 pivot level.
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 148.016
Recommended Stop Loss - 150.552
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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