CHF/JPY - Bearish 5-0

OANDA:CHFJPY   瑞士法郎 / 日圓
Hello traders, here we have a bearish 5-0 pattern on the 1h timeframe with CHF/JPY .

Price formed a valid C point at the minimum 1.618 level and is now heading towards completion at D.

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50

I expect price to stall in between 50% and 61.8% retracement levels, this is a key area of resistance and most likely where price will reverse.

I hope you all have an excellent week and safe trading!
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long time no see man !!
where the f.. have u been?
we need ur guidance
thanks for the chart
+1 回覆
LewisGlasgow torukojinnn
@torukojinnn, you know me I always disappear now and then :) you're welcome and if you need any help feel free to pm me.
Very nice.....thanks bro
+1 回覆
LewisGlasgow ayaannavil
@ayaannavil, you're welcome :)
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