Break of 15min bullish trend. Now is testing support level at 52.70, if prices breaks it, we can project price till the next support level(52.10-52.20)
Short CHF/JPY Bearish AB=CD
Do you see this?
Potential rally at this zone due to :-
1- 0.382 Fibs retracement for _BA leg
2- 0.618 Fibs retracement for _CA,DA legs
3- valid structure level.
4-valid channel pattern
5- RSI oversold
under 31.45 short
if the price rejection with a good setup going long to the channel