Hello friends
In the currency pair CHFJPY we see a very clear 5-wave pattern.
In wave 5 we see a terminal triangle pattern.
This pattern is always seen in wave 5 and wave C of the zigzag pattern.
This template is currently being completed.
We expect the breaking of the upward trend line and pullback to it and the start of a downward trend, which usually corrects a large amount of the upward trend.
Be successful and profitable.
In the currency pair CHFJPY we see a very clear 5-wave pattern.
In wave 5 we see a terminal triangle pattern.
This pattern is always seen in wave 5 and wave C of the zigzag pattern.
This template is currently being completed.
We expect the breaking of the upward trend line and pullback to it and the start of a downward trend, which usually corrects a large amount of the upward trend.
Be successful and profitable.