Ftradorex

Simple chart analysis for CHFJPY

Long
Ftradorex Updated   
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Downtrend Elliot Wave finish. Still waiting for C of ABC to finish with an E.W, that, only takes the chart to reach 300% and higher to make the fifth peak.
  • News are on standby, so it should go according to plan.
Trade active:

Still didn't reach above third peak. Needs the HH for the fifth peak.
Trade closed: stop reached:

Still can go up, but my SL has been taken.
Since news distribution went bearish, E.W. structure breaks and distribution can reach even more bearish.

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