The harmonic on the 4h timeframe is bearish. this was a trend within the past few days. Looking at the indicators, however, the data shows a strong possibility for a continuing uptrend.
>Ichimoku
- Market data above the cloud
- Conversion over base
>PSAR
below the current candle
>ADX DI- DI +
- ADX 23
- DI - 14
- DI+ 33
Technicals also show strong buy sentiment for the pair
Fundamentals show that CHf still favourable, thus stronger than the yen.
Expecting the market to go long
>Ichimoku
- Market data above the cloud
- Conversion over base
>PSAR
below the current candle
>ADX DI- DI +
- ADX 23
- DI - 14
- DI+ 33
Technicals also show strong buy sentiment for the pair
Fundamentals show that CHf still favourable, thus stronger than the yen.
Expecting the market to go long
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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.