Get started
velmunis

CHFJPY series of HH LL LH LL pattern is forming

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
velmunis  
FX:CHFJPY   Swiss Franc / Japanese Yen
Support and Resistance Fibonacci Trend Lines CHFJPY chfjpy! chfjpyshort chfjpyanalysis chfjpysell chfjpyforecast
1
0
supportandresistance fibonacci trendline chfjpy chfjpy! chfjpyshort chfjpyanalysis chfjpysell chfjpyforecast
CHFJPY
The trend line was broken on September 11 which is holding since may 14. Series of HH LL LH LL patter is forming in H4 timeframe

After reaching the august high around 117.911 which is low volume and key psychological level this pair felled towards 115.00 level. The price is currently trading below the 38.2% Fibonacci retracement level

Next swing target would be 114.000 which is also a low volume and key psychological level

Related Ideas

velmunis
EURJPY tend to move further downside,support levels are broken
velmunis
AUDJPY felled below 50% Fibonacci level
velmunis
CADJPY is approaching towards august low
velmunis
GBPJPY is heading towards South and approaching August low level
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.