Filed Under:
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

comments powered by Disqus