TradingView
botje11
May 10, 2019 12:03 AM

CHFJPY inverse H&S 

Swiss Franc/Japanese YenFXCM

Description

Previous trade failed, some bad luck because of the trade war news past weekend, during Monday morning opening this one gaped below the support zone. At the moment it looks like it is trying to make an inverse H&S. The right shoulder is in the making, but it's still a bit small. So we could see it get extended a bit coming day or so. If it keeps it's shape and moves towards the neckline again, we could see it trigger a rally when the neckline breaks. Also a chance to see it close that gap as well.


Previous analysis:

Comment

Nice, this one worked out very nicely, already reaching it's target and making up for the previous trade :)

Comments
Protoneus
Thanl you david for this late night TA!
botje11
@No_Name2, Your welcome :)
emrelg
Woow awesome again Davidd please check USDTRY Pair !

here is the my chart.
Dojari
Will put it on my watchlist for the upcoming week. Thanks botje, much appreciated as always.
botje11
@Dojari, your welcome :)
More