CHFJPY Technical Analysis and Trade Idea

7 ביוני 2022

Taking a look at the CHFJPY. It's currently over-extended, traded up with a lot of momentum and in my opinion we should see it retrace looking to rebalance. We also see a pin bar candle showing bearish momentum and price action looking like it's wanting to correct i.e. bullish momentum dropping off. Everything explained in the video, not financial advice.