Home About the company Daily reviews Currency pair analysis CHF/JPY 31.01.2022

Currency pair analysis CHF/JPY 31.01.2022

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence and Stochastic Oscillator signals oversold conditions.

Trade Idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant wave structure.

Stop-loss: 123.58.

Target levels: 125.66; 126.80.

Author: GC
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