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lobfxempire

CHFJPY Weekly Analysis

Short
Franco svizzero / Yen giapponese (FX:CHFJPY)  
lobfxempire  
FX:CHFJPY   Franco svizzero / Yen giapponese
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CJ appears to have created a bearish 3 drive strike pattern, as of now I believe price will reach the -27% (116.346) on the fib, and keep falling to the -68% (115.959). The market may gap up as soon as it opens and move up more to create a much more clear 3 drive strike pattern on the 4hr before falling but ultimately I think price is headed towards the bears because price reached the highest it has been this year and immediately turned around. What do you guys think?

Idee correlate

lobfxempire
CHFJPY LONG
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