The Swiss Franc/ Japanese Yen pair appear to be on a strong bullish direction since September 2016. However, since January 2023, we can see a steeper and stronger bullish pressure on the pair.
The CHF/JPY pair is currently trading in a swing Premium level, and has been for months, but while we predict that the pair should sell, Fundamentals has also been adding...
Based on my analysis, GU has a strong selling possibility. This is regardless of the buy trend occurring on the monthly chart. Here are my two current confluences.
1. It has traded up to the major #supply zone in the Weekly chart.
2. The formation of a Gravestone Doji candle pattern on the 1-Week,1-day, and 4-hour chart, connoting a strong reversal.
3. The...
We can see in this blue range, if GOLD crossed the top of the rectangle, we should expect a long from 1883 to 1915/1936.
This is because, the next supply zone from 1883 is around 1915 or thereabouts.
In converse, if the market crossed below the range, we will be having very deep short.