TradeWize · free chart read
CHFJPY broke down from a bear pennant 2 bars ago after the weekly uptrend broke. Above 189.446 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 5 steps across 65 bars, still intact
- Formation: bear pennant — Broke below 189.446 2 bars ago. No retest yet.
- Decides above: 189.446 (the breakout)
- Decides below: 181.157 (the measured move)
- Resistance: 189.214
- Resistance: 190.086
- Level history: The last six times price reached 189.214 it held 5 times, bouncing 0.6% on average, and broke through once.
- Level history: The last two times price reached 190.086 it held every time, bouncing 1.1% on average.
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Every figure on this page was computed from the real candles up to 2026-09-13. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns