CHFJPY just keeps on climbing
I think it's safe to say we'll be buying this pair for a little bit longer. the higher TFs from 1H -1M show strong buy sentiment. the lower ones are jumping a bit but i don't think it's an indicator that we'll see a sell soon. I'm sure it's still coming but I can't say when that will be. That being said, sticking to the 1H TF, the indicators are still biased toward the bulls. the market remains fully above the cloud, conversion still over base (at times on the same level as, but not below as far as i could see over the past few days), SAR currently still below the candles, and ADX and DI+ are fairly consistently higher than 20.
I think it was Dboybane who posted that the pair is bullish and we have to accept it for now. I agree. I also agree that we should trade as we see, not as we feel. and so far, the bulls have it, so I doing like Spain and runnin with the Bulls.
Check the pair out yourself. But I'd wait for the candle to close before any action.
'M not seeing any upcoming news that could affect this pair so far, at least not til tonight (11:30pm AST) so CHFJPY should have smooth sailing today
I think it was Dboybane who posted that the pair is bullish and we have to accept it for now. I agree. I also agree that we should trade as we see, not as we feel. and so far, the bulls have it, so I doing like Spain and runnin with the Bulls.
Check the pair out yourself. But I'd wait for the candle to close before any action.
'M not seeing any upcoming news that could affect this pair so far, at least not til tonight (11:30pm AST) so CHFJPY should have smooth sailing today
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