CHFJPY
The price after ATH registration is forming the Wykov structure.
A sharp price correction can be expected.
Currently, the price can reach the daily supply area inside the weekly supply area and from there it can fall to the weekly demand area.
In the demand area, price behavior should be re-examined.
A sharp price correction can be expected.
Currently, the price can reach the daily supply area inside the weekly supply area and from there it can fall to the weekly demand area.
In the demand area, price behavior should be re-examined.
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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.