CHFJPY Multi-Time-Frame Analysis
Updated
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is a multi time frame analysis on .
Pair : CHF.JPY
Time-Frame - Daily ( followed below with Weekly and Monthly )
Time Frame Biased - Bearish
Added Charts Below and Biased - Weekly-Bullish , Monthly-Bullish
As analysed this analysis shows that we are currently within a long-term bullish up trend on the weekly and above as shown below with the attached screenshots. Within this long-term bullish trend, price action has currently been consolidating on the daily since the 21st of June and with recent price action forming a double top chart pattern at the resistant level that represents the top of the consolidation. I will be potentially looking for sales at the neckline if personal entry criteria presents itself for further downside, in hope of building up liquidity for my long term biased of a bullish market.
Pair : CHF.JPY
Time-Frame - Daily ( followed below with Weekly and Monthly )
Time Frame Biased - Bearish
Added Charts Below and Biased - Weekly-Bullish , Monthly-Bullish
As analysed this analysis shows that we are currently within a long-term bullish up trend on the weekly and above as shown below with the attached screenshots. Within this long-term bullish trend, price action has currently been consolidating on the daily since the 21st of June and with recent price action forming a double top chart pattern at the resistant level that represents the top of the consolidation. I will be potentially looking for sales at the neckline if personal entry criteria presents itself for further downside, in hope of building up liquidity for my long term biased of a bullish market.
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WEEKLY Note
MONTHLY Note
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