ChampsMoneyConcepts

⚡️CHFJPY CMC TRADING ⚡️ RISING WEDGE PATTERN

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY has recently formed a rising wedge pattern, and there is now a breakout occurring at the lower boundary. This breakout is anticipated to lead to the formation of a corrective leg, with the potential for a retracement back towards the 50% level of the current bullish trend. Additionally, the 50% level aligns with a significant key zone, providing a compelling reason for considering a short entry.






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