CHFJPY- Bullish Divergence
This is moving wildly up and down without giving any idea of its direction where it is heading. On 4H TF i believe it is consolidation phase after brearking away from its downward trend.
Trade plan:
Two confluence are present once bullish divergence on RSI and consolidation box bottom can be the reason that pair might move upward.
Entry can be taken once the last LH is broken.
Trade plan:
Two confluence are present once bullish divergence on RSI and consolidation box bottom can be the reason that pair might move upward.
Entry can be taken once the last LH is broken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.