CHFJPY: Trading Plan for Today

snapshot

CHFJPY has reached a strong 4H structure resistance.

on 1H the price formed a head and shoulders pattern on that, confirming the strength of that level.

now I am waiting for a neckline breakout (1H candle close below) to short the pair.

target levels:
116.12
115.82

if the market goes up and closes above the head, setup will be invalid.
Chart PatternschfCHFJPYCurrenciesHead and ShouldersTechnical Indicatorsjapaneseyenjpymoneyswissfranctradingyen

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Also on:

Related publications

Disclaimer