CHFJPY Falling Wedge
CHFJPY is forming a falling wedge (continuation pattern). A break of the resistive trendline has occurred, AND a retest of the resistive trendline is currently happening, lining up perfectly with the 61.8 Fib level. Bulls can enter long positions now, targeting the strong, daily resistance zone as a first target.
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Be sure to follow me for more ideas and analyses. Leave a comment with your thoughts below!
Best of luck traders!
Feragatname
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