CHFJPY - Potential bounce off the pennant support 🔼

Long

Swiss Franc / Japanese Yen (FX:CHFJPY)

FX:CHFJPY Swiss Franc / Japanese Yen

Trend Analysis Chart Patterns CHFJPY

trendanalysis chartpattern chfjpy

CHFJPY obeyed the price action from my previous analysis.
Price is approaching the pennant support.
The market is printing a falling wedge pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance + previous swing low.
Target - Pennant resistance

Related Ideas

about CHFJPY

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