CHFJPY 4 Hour Analysis (26 June 2023)
1. Price is in wedge, so breakout trade is possible
2. We can see bearish divergence with AO
3. So, we if the wedge breaks from down, we can expect a short position
4. If the wedge breaks from upside, we will wait for retest for long position
1. Price is in wedge, so breakout trade is possible
2. We can see bearish divergence with AO
3. So, we if the wedge breaks from down, we can expect a short position
4. If the wedge breaks from upside, we will wait for retest for long position