ForexKei-Official

CHFJPY continuously uptrending by Ichimoku

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Comment

CHFJPY Daily timeframe shows continuously uptrend as per below Ichimoku confirmation.

Ichimoku Trend Analysis

- Kumo (Senko span A) up and Kumo itself is getting thicker
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles

Next Scenario

Daily timeframe shows stable bullish market. Since there's an inside bar from yesterday and today, better wait for breakout at 121.08. Ultimate target to be the next resistance level at 123.98 level.

Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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.