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After managing to catch almost 1000 pips from 0.8700 bottom, over the past 2 weeks you could have made another 300 pips, round turn, if you would have traded the EUR/JPY-USD/CHF Fractal (see Figure 1) that I've provided in this blog post: USD/CHF 3 Years of Trading Range. 1000 Pips Profit
I'm really impressed by the precision of this fractal and it has unfolded so far and now, it's time for an update chart (see Figure 2)and look at what is next to come. After making the base around 0.9400 support level this fractal suggest that we need another retest of the current lows around that level before an explosive move to the upside which should give us new multi year highs level.
Best Regards,
Daytrader21
Figure 1. EUR/JPY - USD/JPY Fractal
I'm really impressed by the precision of this fractal and it has unfolded so far and now, it's time for an update chart (see Figure 2)and look at what is next to come. After making the base around 0.9400 support level this fractal suggest that we need another retest of the current lows around that level before an explosive move to the upside which should give us new multi year highs level.
Figure 2. USD/CHF Update Chart.
Best Regards,
Daytrader21
