Hello Traders. The CHFJPY on the Daily TF has confirmed a strong resistance area around the 114.300 level. As drawn on the chart what might be clear is the double top but what is unseen by many is the H&S formation on the second retest of resistance area, If you toggle to the line charts you will clearly spot it. Currently a retest to the neckline is underway. A strong rejection at the neckline would be a nice opportunity to go short.
That's all, remember to follow for more trading ideas.
That's all, remember to follow for more trading ideas.
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