CHFJPY made an impulsive push to the 89% Fibonacci level.
After the weekly sell signal, price retraced to the event zone.
Now we have:
We should now see significant push to the downside on all YEN pairs for the next time.
Be patient and participate on this move with a trend continuation pattern like a flag or wedge.
Have a look at my previous analysis:
This is for educational purpose only. NO Investment advice.
After the weekly sell signal, price retraced to the event zone.
Now we have:
- Finished wave C
- 2H Pinbar Sell signal / 1H Engulfing bar pattern
- RSI Divergence
We should now see significant push to the downside on all YEN pairs for the next time.
Be patient and participate on this move with a trend continuation pattern like a flag or wedge.
Have a look at my previous analysis:
This is for educational purpose only. NO Investment advice.
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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.
Related publications
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.