CHF/JPY 16-Dec-10:00 -> 12-Jan-14:00 | Target Level: 116.4635 |
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| | SL: | (A) | 116.4635 | Last TP of Rising Wedge | RL: | (B) | 117.5940 | Last TP of Rising Wedge |
| Target Period: 2 days
| | Interval | 4 hour | Pattern | Rising Wedge | Length | 55 Candles | Identified | 11-Jan-02:00 |
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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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