Description
⋅ 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 H4: CHFJPY formed a valid head and shoulders pattern but it is not ready to go yet. Before we sell, we want the bears to take over again.
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