TradingView
forexfutures
Sep 23, 2019 7:41 AM

CHF JPY - 4 Hourly Chart Short

Swiss Franc/Japanese YenFXCM

Description

The pair is currently forming a Bearish Head & Shoulders Pattern. If we get a breakdown of the Neckline, we can expect the price to fall. The 1st target on breakdown will be close to point D. If we do get a breakdown as expected, we can have couple of opposite trades on same pair as it looks like the pair is also within the formation of a Bullish Cypher.

But first most important thing to trade according to this tradeplan is to have a breakdown.
More