Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON CHFJPY
As we can see price got stuck inside this rangy market.
Meanwhile, as the price will be approaching our upper bound range, we will be looking for new bearish movements on lower time frames.
Moreover, for the bears to kick in from a medium-term perspective, we need a break below the lower bound of this range, then a movement lower would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.