Description
⋅ Comment:
CHFJPY H4 timeframe is uptrending now but may reverse based on below confirmations.
Ichimoku Analysis:
- Kumo is bullish but very tiny
- Kijun sen up but still in the Kumo
Also market is close to the descending trendline.
Next Scenario:
Wait for a breakout of the trendline and look for a buying edge, otherwise may reverse backwards to Tenkan sen at any time.
arigatogozaimasu.