CHFJPY has almost completed the leg of the 5th wave with a leading diagonal, we are to wait and observe if completion of the 5th leg will lead to break of the wave trendline.
Predictive analysis, all information are provided on the chart.
Price is printing bullish candles trading in a falling wedge, possibility of a breakout cannot be ruled out
Price is printing bearish candles signalling bearish continuation.
Sell continuation or equal lows stop hunt?. GBPCHF is trading on a sloppy down trend and broken key level of support however ther eis chance it may take liquidities and go for the lower wedge breakout. Based on your rules and strategies you can take a sell or wait for bulls to step in.
Price is on a bullish momentum printing bullish candles, all levels is on the chart
Price approaches key area and couldncontinue bearish reversal
Price is showing bearish impulse signalling sell continuation after retracement.
Price is printing bearish candles signalling end of bullish momentum
Price has formed bearish candles signalling sell continuation
Following BOJ interest rate decision EURJPY saw a major decline, there is room for slight pullback before a sell continuation.