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CHFJPY: Trading Plan for Today
Swiss Franc / Japanese Yen
Short
CHFJPY: Trading Plan for Today
By VasilyTrader
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Aug 21, 2020
9
2
34
34
Aug 21, 2020
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 Patterns
chf
CHFJPY
Currencies
Head and Shoulders
Technical Indicators
japaneseyen
jpy
money
swissfranc
trading
yen
VasilyTrader
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