Good day everyone,
CHFJPY might pullback very soon toward 111.500~112.000 zone , the price were oversold on our weekly T.F and now looks bullish, and we have bullish divergence on weekly and daily T.F as well
JPY FUTURES are current on a support level however the bears arent gonna respect this one (just a personal guest), at least not for a long time.
Looking for a double bottom to confirm the correction is in.
It all comes down to which fib level it wants to tag before testing the top of the impulse wave.
Week plan is to be aggressive getting into any double bottom because these have a good probability of being the final move before returning to the range high.
Watching on smaller timeframes for momentum move off 0.0091400 swing.
Is at fib zone and low vol area on profile. However not super bullish here, will be more bullish down at POC.
Only short terms trades long here.