CHF/JPY has a high chance of a reversal
CHF/JPY is at the top of the weekly channel
Currently forming a potential Head and Shoulders
Right shoulder expected at 0.5 Fib retracement or the 0.618 FIB retracement
Price is at the end of the 5th Elliot wave
Risk management is Key!
CHF/JPY is at the top of the weekly channel
Currently forming a potential Head and Shoulders
Right shoulder expected at 0.5 Fib retracement or the 0.618 FIB retracement
Price is at the end of the 5th Elliot wave
Risk management is Key!