giving Bearish Evidances According Price Action
Over All Moving In Ascending Broadening Wedge In Daily Tf
Recently Brokes Ascending Channel Too
Now Forming Symatricsal Triangle + Printed Massive Bearish Divergence Too
Lets Summyrize thses Evidances
chfjpy was in strong uptrend since very longtime
right now price actiom showing sighns of trend reversal
the only thing we needs is breakout of symtcl triangle to the downside then you can sell for minimum 800 pips( lower trendline test)
Over All Moving In Ascending Broadening Wedge In Daily Tf
Recently Brokes Ascending Channel Too
Now Forming Symatricsal Triangle + Printed Massive Bearish Divergence Too
Lets Summyrize thses Evidances
chfjpy was in strong uptrend since very longtime
right now price actiom showing sighns of trend reversal
the only thing we needs is breakout of symtcl triangle to the downside then you can sell for minimum 800 pips( lower trendline test)
Comment:
moving towards target 350pips = profit so far
moving towards target 350pips = profit so far
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in shoter tf we needs horizantal support breakoutb too for perfect entry