CHFJPY: Classic Bullish Accumulation & Breakout 🇨🇭🇯🇵

2021年12月16日

From the end of November, CHFJPY was forming a classic bullish accumulation pattern:
the price was setting higher lows respecting the same highs and constituting a strong horizontal supply area.

During the NY session opening, the underlined blue resistance was finally broken.
Now I expect a bullish move to 124.45

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2021年12月17日

註釋

Check my new analysis on XLMUSD: