Tuesday, January 12, 2021

CHF/JPY forex chart

 

CHF/JPY
16-Dec-10:00 -> 12-Jan-14:00
Target Level: 116.4635
 
SL: (A) 116.4635 Last TP of Rising Wedge
RL: (B) 117.5940 Last TP of Rising Wedge
Target Period: 2 days
 
Interval4 hour
PatternRising Wedge
Length55 Candles
Identified11-Jan-02:00
Rising Wedge identified at 11-Jan-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.4635 within the next 2 days.
Supported by Downward sloping Moving Average
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