CHF/JPY: Accumulation Retesting
TFx GANN | Jan 28, 2017 09:04AM ET
CHF/JPY on the daily chart is bullish biased. GANN 135 natural degree is major support rejected and validated. Up rally till 113.857 GANN 90 degree. Forming other minor support. Also from 103.437 to 105.330 pair form typical accumulation phase and on breakout shown smooth uptrend.
Right now price at 113.857 price is forming accumulation retesting phase. Also struggling at GANN natural angle 90. When it breaks it have up rally. Previous down channel has been broken before entering in to accumulation phase exact indication for Up rally biased. So on GANN 90 degree breakout buy all dips.
Major GANN Supports 115.460 119.255 123.465 125.923
SL 113.857
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