CHF/JPY Analysis
Updated
We can easily expect the creation of a higher high
Monthly:
We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse.
Weekly:
In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a higher high at least to the price of 126.435.
Daily:
The price is in a consolidation period. The price is most likely creating liquidity before the continuation to the upside. We can definitely expect more continuation according to our multi-time frame analysis.
Monthly:
We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse.
Weekly:
In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a higher high at least to the price of 126.435.
Daily:
The price is in a consolidation period. The price is most likely creating liquidity before the continuation to the upside. We can definitely expect more continuation according to our multi-time frame analysis.
Trade active
Trade closed: target reached
Wiiso
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