Wolf

Same Range, Same Fibonacci... "Same Retracement?"

FX:CHFJPY   Swiss Franc / Japanese Yen
There is a marked long trend tendency with similar resistance and support lines.

Inside that, we can see how the bullish price is strong and has had a retracement of 61.8%.

Both fibonacci are exactly the same, and as we can see, the story seems to repeat.

We can also see how both range have exactly the same % with very similar price unit ranges.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.