CHFJPY is moving in a descending channel between two trend lines.
The volatility of the price movement has decreased, which may signal an upcoming decline.
We think that the price may test the resistance again and then pullback to the 50% retracement level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The volatility of the price movement has decreased, which may signal an upcoming decline.
We think that the price may test the resistance again and then pullback to the 50% retracement level.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
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t.me/DeGRAMForex