TradingView
TheBearTrader1
Aug 20, 2020 12:15 PM

CHFJPY SHORT IDEA/ IRREGULAR H+S FORMATION Short

Swiss Franc/Japanese YenFXCM

Description

We can see that price has broken below this ascending TL, making a lower low with a retracement up into a fib level. We also have this irregular H+S pattern which is valid, however i do believe we can see a push up to previous structure level, the 61.8% fib and the 50EMA, this would be a high probability set up if we can get a nice confirmation candlestick.
More