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on DAILY: CHFJPY is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.
on H4: CHFJPY formed a head and shoulders pattern in orange.
Trigger: Waiting for a momentum candle close below the gray neckline to sell.
The head and shoulders pattern isn't activated yet, so it is still an idea, and until it gets activated CHFJPY would be overall bullish and can still test the upper resistance before going down, in this case, we will be looking for new sell setups to form.
Good luck!
~Rich
on DAILY: CHFJPY is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.
on H4: CHFJPY formed a head and shoulders pattern in orange.
Trigger: Waiting for a momentum candle close below the gray neckline to sell.
The head and shoulders pattern isn't activated yet, so it is still an idea, and until it gets activated CHFJPY would be overall bullish and can still test the upper resistance before going down, in this case, we will be looking for new sell setups to form.
Good luck!
~Rich
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theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.