This pair has been correcting for a while and now i am looking for it to make another move to the upside and move down to complete the wave.
It should touch the bottom so it has to break this corrective channel.
I can take advantage of the short term movements.
I am anticipating a up move and later move to downside.
I will see how to enter and the risk in the lower time frames.
It should touch the bottom so it has to break this corrective channel.
I can take advantage of the short term movements.
I am anticipating a up move and later move to downside.
I will see how to enter and the risk in the lower time frames.
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CHFJPY DAILY
BobbyAxelrodJr
about CHFJPY
The correction looks like the triangle. maybe it might go down and test the lower line in the trend channel.
Hoping for it move down because it will be reducing the risk.
OR
I will have to look for entries in the lower timeframes for the BUY.