CHF/JPY - Is about to break above its ending diagonal resistance-line

CHF/JPY - Is about to break above its ending diagonal resistance-line

CHF/JPY - Is about to break above its ending diagonal resistance-line 

I normally don't look at this pair, but when I saw that it has the same ending diagonal pattern as EUR/JPY I became interested. As you can compared to EUR/JPY ending diagonal, the ending diagonal here is almost about to break the resistance-line and when that happens a rally back to the origin of the ending diagonal at 117.42 should be seen, within half the time it took to build, which will be within one and half months. 

The ending diagonal resistance-line is currently sitting near 111.50 and a break above here confirms the rally back to 117.42 and above. 

The long term picture calls for a much higher rally than the 117.42 and actually calls for rally that ultimately will break above 138.92 top. 

Duane
2014-05-26
Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...
Duane
2020-03-12
Hey EWS,

I just wanted to thank you for your insight and your vision.

The Crude Oil call was spectacular as well as the SP 500 call. Just to name a few.

I appreciate all that you do.

Just...
Tommy
2015-02-26
Great call on nat gas

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy