years on the market

CHFJPY analysis 07.02.2020

The overall trend is downward. Breaking through the price pivot zone 112.63 will result in the formation of a descending pattern of the H1 level within the descending wave (C) of the descending pattern of the H4 level pattern.

Trading recommendations:

Sell below 112.63.

Stop loss above the price pivot zone of 113.20.

Target levels: 118.82 (above the round secondary level + trap for the pros); 111.11 (level 123.6% of A H4 and support level).

Other reviews

Choose your language