CHFJPY Wave Analysis

CHFJPY made an impulsive push to the 89% Fibonacci level.
After the weekly sell signal, price retraced to the event zone.

Now we have:

• Finished wave C
  
• 2H Pinbar Sell signal / 1H Engulfing bar pattern
  
• RSI Divergence
  

We should now see significant push to the downside on all YEN pairs for the next time.

Be patient and participate on this move with a trend continuation pattern like a flag or wedge.

Have a look at my previous analysis:

This is for educational purpose only. NO Investment advice.