Hello and welcome to my Trade Idea of the currency pair CHF/JPY .
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a downtrend.
Weekly: Weekly is bearish too with nice up and down waves.
Daily: On the daily timeframe we draw the strong bearish trendline .
H4: Here we draw the counter trendline . We wait for a confirmed break and then a push to the downside.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a downtrend.
Weekly: Weekly is bearish too with nice up and down waves.
Daily: On the daily timeframe we draw the strong bearish trendline .
H4: Here we draw the counter trendline . We wait for a confirmed break and then a push to the downside.
Have a nice day.