CHFJPY Revisited

Good evening Dynamic Traders ,

Firstly , at the risk of repeating what Bijal and John have both said , may I express a warm thanks to both Anne and Javid at this festive time for everything they have done for both myself and others , and I would also like to thank Bijal , Saba , John and Jagir for what I learn from each of them every day and to wish them and all Dynamic Traders a big Happy Christmas.

Tonight, being as it did not get triggered today , I would like to revisit the CHFJPY, as it is once again at a former R/S level , with a fib cluster, and is now in an OB position with RSI and still has divergences on different timeframes. Also , it appears to be nearing the end of an EW count .

A second chart for all you analysts out there to look at, is the GBPUSD which could be coming up for a 123786.

As always please do your own analysis and as mentioned last night, be extra cautious in times of low liquidity, and use appropriate entry points for any trades.

There will be no update tomorrow evening due to the markets being closed.

A very merry Christmas to you all,

Clayton Farnworth.