CHF/JPY Signal Update - Oct. 10, 2012
Forex pairs in this Article »
CHF/JPY
By: DailyForex.com
Currency: CHF/JPY Trend Expected Direction: Flat Method: Elliott Waves and Fibonacci Levels Description: trend location is within wave iv in C which just met 0.382 Fibonacci level. I would suggest traders to increase their lots to maximize profits at this stage. One move wave v to unfold soon to complete the full Zigzag cycle and to meet 1.618 Fib level on primary level or %100 on larger cycle. Recommendation: Hold Short Target Area: 82.760 Stop Loss: 84.000
Currency: CHF/JPY Trend Expected Direction: Flat Method: Elliott Waves and Fibonacci Levels Description: trend location is within wave iv in C which just met 0.382 Fibonacci level. I would suggest traders to increase their lots to maximize profits at this stage. One move wave v to unfold soon to complete the full Zigzag cycle and to meet 1.618 Fib level on primary level or %100 on larger cycle. Recommendation: Hold Short Target Area: 82.760 Stop Loss: 84.000
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