CHFJPY series of HH LL LH LL pattern is forming
CHFJPY
The trend line was broken on September 11 which is holding since may 14. Series of HH LL LH LL patter is forming in H4 timeframe
After reaching the august high around 117.911 which is low volume and key psychological level this pair felled towards 115.00 level. The price is currently trading below the 38.2% Fibonacci retracement level
Next swing target would be 114.000 which is also a low volume and key psychological level
The trend line was broken on September 11 which is holding since may 14. Series of HH LL LH LL patter is forming in H4 timeframe
After reaching the august high around 117.911 which is low volume and key psychological level this pair felled towards 115.00 level. The price is currently trading below the 38.2% Fibonacci retracement level
Next swing target would be 114.000 which is also a low volume and key psychological level
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