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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
📊I help you turn charts into a career
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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
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📊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
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.