Hello everyone, if you like the idea, do not forget to support with a like and follow.
CHFJPY is sitting around a daily resistance in blue so we will be looking for sell setups.
on H1: CHFJPY is forming a head and shoulders pattern but the setup is not ready to go yet.
Before we sell, we need the bears to take control.
Trigger => Waiting for a momentum candle close below the gray neckline to sell.
Until the sell is activated, CHFJPY would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHFJPY is sitting around a daily resistance in blue so we will be looking for sell setups.
on H1: CHFJPY is forming a head and shoulders pattern but the setup is not ready to go yet.
Before we sell, we need the bears to take control.
Trigger => Waiting for a momentum candle close below the gray neckline to sell.
Until the sell is activated, CHFJPY would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT