Simple chart analysis for CHFJPY

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Downtrend Elliot Wave finish. Still waiting for C of ABC to finish with an E.W, that, only takes the chart to reach 300% and higher to make the fifth peak.
  • News are on standby, so it should go according to plan.
Trade attivo
istantanea

Still didn't reach above third peak. Needs the HH for the fifth peak.
Trade chiuso: stop raggiunto
istantanea

Still can go up, but my SL has been taken.
Since news distribution went bearish, E.W. structure breaks and distribution can reach even more bearish.
Chart PatternsTrend AnalysisWave Analysis

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