Tradepipsforex

Inverted head and shoulders spotted and still valid

FX:CHFJPY   Swiss Franc / Japanese Yen
ChfJpy has a hammer closed on Friday giving the reversal bear a brake. However the inverted his pattern would be broken once the price goes downward or closed below the neckline. It’s only safe to buy once price able to stay above the red line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.