CHFJPY (First short, then Long opportunities over time)

2 Sep 2021

Looking at the above pair; it is clearly following both the macro and micro waves. Currently the market is in the second micro wave and is about to begin the third micro impulse to the downside. In case of any fundamental impact over time, the above analysis may have very low probabilities. At the completion of the third micro wave which will also be the completion of the second macro wave; long positions can be considered to the upside; the beginning of the third macro wave.