Potential short opportunity on CHFJPY. Head & shoulder pattern is forming. Wait for price to break the neckline for short opportunity.
SL around 100 pips @ cut loss when price close back above neckline.
TP around 230 pips.
If price continue uptrend, analysis will become invalid.
TRADE AT YOUR OWN RISK. PLEASE SUPPORT THIS IDEA WITH LIKE IF YOU FIND IT USEFUL :D
SL around 100 pips @ cut loss when price close back above neckline.
TP around 230 pips.
If price continue uptrend, analysis will become invalid.
TRADE AT YOUR OWN RISK. PLEASE SUPPORT THIS IDEA WITH LIKE IF YOU FIND IT USEFUL :D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.