CHFJPY STRATEGY LONG TERM
Looking at the Weekly Chart for Long term analysis, spotted a bear flag still in formation. Look for the next couple of years to swing between 113-116 levels. Downtrend is the overall result, however, NEVER UNDERESTIMATE THE MARKET. For Possible Intraday trading, I suggest looking at 1H AND 4H Charts for buying when the market opens in a few hours.Look to TP at 114-115 levels for good indication to go upside to major resistance.
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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.