CHFJPY Wave Analysis
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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