⚡️CHFJPY CMC TRADING ⚡️ DISTRIBUTION ZONE

12 בפבר׳

CHFJPY currently finds itself in a distribution zone, characterized by a sideways market condition. Notably, there was a recent false bearish breakout below support, signaling a strong upward move. Despite this, there remains an expectation for a bearish breakout on subsequent structure, as we anticipate a corrective leg following the recent bullish trend.