Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is a multi time frame analysis on .
Pair : CHF.JPY
Time-Frame - Daily ( followed below with Weekly and Monthly )
Time Frame Biased - Bearish
Added Charts Below and Biased - Weekly-Bullish , Monthly-Bullish
As analysed this analysis shows that we are currently within a long-term bullish up trend on the weekly and above as shown below with the attached screenshots. Within this long-term bullish trend, price action has currently been consolidating on the daily since the 21st of June and with recent price action forming a double top chart pattern at the resistant level that represents the top of the consolidation. I will be potentially looking for sales at the neckline if personal entry criteria presents itself for further downside, in hope of building up liquidity for my long term biased of a bullish market.
Pair : CHF.JPY
Time-Frame - Daily ( followed below with Weekly and Monthly )
Time Frame Biased - Bearish
Added Charts Below and Biased - Weekly-Bullish , Monthly-Bullish
As analysed this analysis shows that we are currently within a long-term bullish up trend on the weekly and above as shown below with the attached screenshots. Within this long-term bullish trend, price action has currently been consolidating on the daily since the 21st of June and with recent price action forming a double top chart pattern at the resistant level that represents the top of the consolidation. I will be potentially looking for sales at the neckline if personal entry criteria presents itself for further downside, in hope of building up liquidity for my long term biased of a bullish market.
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WEEKLY Note
MONTHLY Note
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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.
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.