Breathing Space for JPYCHF

Long

JAPANESE YEN / SWISS FRANC (FX_IDC:JPYCHF)

Updated

FX_IDC:JPYCHF JAPANESE YEN / SWISS FRANC

fibonacci elliottwaves oscillator jpychf

I don't think I got so many bearish markets in one day. This pair is bearish too, but it appears due for a X Wave fractally. This means a temporary push upwards with a larger correction. I have outlined Fibonacci goals in green, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by yourself. In my experience Elliott Waves in combination with Fibonacci Retracements/Projections/Time and a momentum indicator of some kind gives results I am ultimately extremely happy with.

Trade closed: target reached:

25/12/2021

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.