CHFJPY: Preparing For Trend Reversal
CHFJPY formed a huge h&s pattern on a daily chart.
Though its left shoulder looks a bit weird, the pattern is valid from a price action perspective.
The price is now stuck on the horizontal neckline.
The trigger that we are waiting for is its bearish breakout (daily candle close below),
then a strong bearish wave will be expected.
Potential goal - 114.0
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