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ForexDetective
Aug 21, 2022 11:52 PM

CHF/JPY Next Possible Movement 

Swiss Franc/Japanese YenFXCM

Description

CHF / JPY ( Swiss Franc / Japanese Yen ) Technical Analysis Chart Update
Time Frame - H2

According to the Long Time Frame #LTF it is following the Expanding Diagonal and It has #Breakout the Upper Trend Line #UTL and Retested
In #LTF it is also following the Impulse Correction Impulse as well as in Short Time Frame #STF it has completed its " ABC " corrective wave and Following Impulsive Wave
In Short Time Frame #STF it is Following Bullish Channel it is possible that it will Reject from the Upper Trend Line #UTL and Daily Resistance Level and then Follow Sell Trend according to this Pattern
Buy After it breaks the Daily Resistance Level and Retest
Sell After Strong Bearish Price Action
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