CHFJPY Bullish Crab Formation and Long Opportunity

CHART TIMEFRAME: H1

CHART PATTERNS: Support Breakout and Bullish Crab Formation

EXPLANATION: CHFJPY is testing 112.000 support. If it breaks below 112.000, Bullish Crab Harmonic Pattern would be completed at D 111.480. We may see a retracement at the D Leg.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

Trade active:

Short worked as predicted and price reached the area of entry.