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Thread: CHF JPY

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    CHF JPY

    The price is in along with a bearish trend and in the other hand we are facing a price reversal after approaching to the previous support in H1 TF. We can assume it grown if the downward trend line around 105.35 being broken.


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    We can see a reversal of price by happening a inv ab=cd harmonic pattern and also positive divergence. We will have this currency rising if the trend line being broken.


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    The price is moving in a down trend and we can see an inverted ab=cd pattern simultaneously. By such a condition we'll be seeing a drop if the supply rises.


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    The price is placed In a consolidation area on the daily TF. We’ll see it rising by the resistant level being broken.


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    CHF JPY

    The price is swinging in a falling channel in the monthly TF. by having it strongly violated the expectation for a bullish move rises.


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    The price is moving along with a bearish trend and currently we are witnessing a shark pattern. In such condition we expect to see a drop in the market if the supply pressure still persists.


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    By forming an Alt bat harmonic pattern on the H4 TF, we are seeing a reversal by the price. We expect to have the trend up if the uptrend line is broken.


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    Quote Originally Posted by PCMAnalyst View Post
    By forming an Alt bat harmonic pattern on the H4 TF, we are seeing a reversal by the price. We expect to have the trend up if the uptrend line is broken.





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    We are witnessing a reversal by having formed the bat harmonic pattern on the H4 TF. the expectation is that the continuation of the price growth is seen by having the price stabilized over 107.80 .


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    There is a stance of spring on sight by the weekly TF. We witnessed a rise to % 261.8 level after the swing between %161.8 and %127.2. We are expecting to see a drop while the supply pressure exists in the market.


 

 
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