So from looking at this CHFJPY H4 chart, I believe that a retracement is now in progress that should lead to at least a 50% correction
We have a new channel forming, and I expect price to respect this channel all the way down to 50% fib and possibly 61.8Fib
This provides a short sell opportunity
Any questions or want to learn how to trade, please check telegram link in my profile
We have a new channel forming, and I expect price to respect this channel all the way down to 50% fib and possibly 61.8Fib
This provides a short sell opportunity
Any questions or want to learn how to trade, please check telegram link in my profile
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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.