CHFJPY – Potential Bearish Reversal!

CHFJPY – Potential Bearish Reversal!

CHFJPY is sitting around a strong weekly demand zone, so we will be looking for sell setups on lower timeframes

on M30: CHFJPY formed a head and shoulders pattern but it is not ready to go yet.


Trigger => Waiting for a momentum candle close below the gray neckline to sell.

CHFJPY Chart
Meanwhile, until the buy is activated, CHFJPY would be overall bullish can still trade higher inside the green demand.


Good luck!

All Strategies Are Good; If Managed Properly!

~Rich

Richard Nasr

Richard Nasr

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