[CHF/JPY]It will fall in June.

It is a swing trade, and it is sold back on Monday and Tuesday, and when it becomes a hidden line on a daily basis, it returns on Wednesday. Four entries are made and tp is assumed to be 110.622, 109.544, 108.864, 107.001 respectively.

Reacts because it is near the upper side of the parallel channel when viewed with a 4-hour bar. However, I'm concerned that BB seems to be expanding.
Looking at daily prices, I touched the upper side of the BB where there was the previous high resistance line 112.303. Looking at the timing of past rises and falls, it seems that it is about to begin to fall.


tp is set by VT value, N value and Fibonacci extension. The descending angle is tentative using Fibonacci with N value as the target.


Assuming a maximum of 19 days. Looking at the past timing, I decided to check inversion when the hidden line was continuous for 2 days.

We have prepared some ascending scenarios, but I think this is the main scenario.