📉 CHFJPY Buy And Sell Trade Explained 📉
By Vladimir Ribakov
🔍 Key Market Signals:
W1: Bearish Divergence
4H: Most recent uptrend line breakout
4H: Bearish trend pattern
4H: Bullish divergence
4H: Expecting pullbacks now and then potential continuation lower from key Fibonacci levels 📊📊 Recap:
The pullback that I was looking for happened towards the second key Fibo level
The price respected the second Fibo level and moved lower as per the plan
💬 What’s your take on this CHFJPY move? Drop your thoughts in the comments!👇
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