DeGRAM | CHFJPY potential sell after the retracement
CHFJPY is decelerating at the resistance level. It created a double top.
The market essentially made a false breakout of the psychological level of 171.000.
The market created divergence on the 4-hourly chart, meaning we might see a sharp bearish move.
We expect a bearish move that could potentially breakout the ascending channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The market essentially made a false breakout of the psychological level of 171.000.
The market created divergence on the 4-hourly chart, meaning we might see a sharp bearish move.
We expect a bearish move that could potentially breakout the ascending channel.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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