Hello! With CHF/JPY getting rejected by the Daily 21 EMA and 123.409 being confirmed as resistance, I am looking for bearish continuation on this currency pair this week.
TP1: 121.483 (.618 fib and Daily Support)
TP2: 120.375 (.786 fib and VPOC)
Cipher Analysis:
Blood Diamond on the 4 HR. Money flow and Momentum forming lower highs and lower lows on the 6 HR
Good Luck!
TP1: 121.483 (.618 fib and Daily Support)
TP2: 120.375 (.786 fib and VPOC)
Cipher Analysis:
Blood Diamond on the 4 HR. Money flow and Momentum forming lower highs and lower lows on the 6 HR
Good Luck!
Comment:
Trade active:
Price getting rejected by same daily resistance with declining momentum (blue waves) and declining money flow
Price getting rejected by same daily resistance with declining momentum (blue waves) and declining money flow
Comment:
S/L: 123.431