CHF/JPY has been in the hands of the bulls on a monthly breakout.
The price, however, could be about to change hands on a restest of the monthly supply zone.
CHF/JPY has found support on the daily time frame which may act as a magnet on failures of the monthly supply zone. In doing so, this shoul
Monthly and weekly and Daily we see price is still in an uptrend, the sellers have no shown up as of yet. At least not for a significant sign of reversal. this top down analysis with just a few indicators on your chart can help to make the decision to enter the trade easier.
Hi everyone, I am exhausted. I have been up until 5am these past couple nights charting, and letting out blog posts, so it is nice to be able to post a bit earlier and get a good night of sleep. Anyway, let's get into the trade setup.- The pair we are looking at today is C
# CHFJPY #
Good Day Traders! Double cup with Handle pattern seen on both Daily and intraday TF. Currently the pair is trading on a major Resistance level following an upward trend channel on 1H TF. A break above this area will signal a strong upward momentum If you like this analysis, please supp