SteveNixon

Weekly Forecast Swiss Yen

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
27
We are currently in a correction after a long impulse.
I think the impulse will continue up after the correction has ended - this bias is based on the fib retracement of the previous high on the weekly chart.

We'll get a better idea of where it is going once it breaks out of it low degree correction it is currently in.

No entry set up at the moment but I'll post updates as things develop.

All weekly forecasts will be updated as they develop so remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Disclaimer

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.