CHFJPY ANALISYS - (04-04-2021)

POSSIBLE OEPRATION FOR THIS WEEK:

CHFJPY - 10H

-Downtrend
-A bullish channel 4h
-Volume decrease
-Resistance zone
-Stochastic on overbought
-RSI approaching overbought levels
-RSI divergences

We are looking for an entry at the 3rd touch of the bearish trendline, which coincides with a resistance zone. We will wait for the break of the bullish channel in timeframe of 4h.