"Short Top and Bottom Analysis: CHFJPY"
4 Hour Chart Explanation:
- Price broke the Ascending Trendline.
- It is, currently on an Ascending Channel.
- Price bounced from the Resistance Zone.
- If price breaks the Ascending Channel at 108.73, it has potential to move down towards the Support Zone at 106.5.
Our Weekly and Daily Analysis support that Short Idea. Take a look!
Weekly Analysis:
Daily Analysis:
- Price broke the Ascending Trendline.
- It is, currently on an Ascending Channel.
- Price bounced from the Resistance Zone.
- If price breaks the Ascending Channel at 108.73, it has potential to move down towards the Support Zone at 106.5.
Our Weekly and Daily Analysis support that Short Idea. Take a look!
Weekly Analysis:
Daily Analysis:
