CHFJPY: Bearish Wave is Coming

Short

Swiss Franc / Japanese Yen (OANDA:CHFJPY)

Updated

OANDA:CHFJPY Swiss Franc / Japanese Yen

Wedge Triangle Wave Analysis chf swissfranc yen japaneseyen jpy

wedgepattern triangle waveanalysis chf swissfranc yen japaneseyen jpy

snapshot

It looks like CHFJPY preparing for a bearish wave.
We got multiple peculiar breakouts:
bearish breakout of an expanding wedge pattern
& bearish breakout of a descending triangle formation.

I believe that the price will drop to 118.7

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Comment:

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