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ThunderFX
May 24, 2020 4:45 PM

NECKLINE  Long

FX:CHFJPY480
Swiss Franc/Japanese YenFXCM

Description

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CHFJPY 8H
=WE CAN SEE A POSSIBLE HEAD AND SHOULDER STRUCTURE
= NECK LINE RETEST
=TRENDLINE REJECTION ( with bullish pinbar)
=WEAK JPY
= 50% FIB REJECTION
=SR REJECTION

with all these confluences i see no reason not to take this trade bullish bias
Trend AnalysisChart Patterns
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