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Possible for this setup to play out?

Long

Swiss Franc / Japanese Yen (FX:CHFJPY)

FX:CHFJPY Swiss Franc / Japanese Yen

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Hi All,

So previously we noted the inverted H&S , and now price action is above the neckline.

Possible on the longer run for this to reach 119 levels?

What do you think?

Thnx
Jad

Comments

I think it can reach up to 117 and drop again.

qazisoaib

@qazisoaib, possible... i am talking even on longer run, like weeks/months...

Yen seems weak.

Jad-87

@Jad-87, yes you are right. I am talking for week. Thank you, sir.