CHFJPY has been experiencing a bullish trend since January 2023. From 137.50, the price is going up. Last month, we saw that the high price of CHFJPY was 166.50, and after that, it has gone down. We have identified a pattern of falling wedge. Breaking the wedge resistance will result in a higher price, as we believe.
TP - 166.30
SL - Join Our Channel
As wee can see chfjpy rejected on fibo 0.618 which mean he will continuation to resistance area
and then we can waiting for rejection to entry sl with low risk
we still need a few confirmation to sell in that area
thankyou
