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CHFJPY PRICE BREAKDOWN
Swiss Franc / Japanese Yen
Short
CHFJPY PRICE BREAKDOWN
By DennisDims
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Updated
May 12, 2022
2
2
2
Apr 30, 2022
Price dropped nicely to hit the first target in my previous analysis, then rallied up to form a nice head and shoulder pattern.
The head and shoulder pattern coupled with double top in H1 suggests a deeper pullback will happen.
Expect a small pullback before the drop.
May 5, 2022
Note
Target 1 reached.
May 12, 2022
Trade closed: target reached
breakout
Chart Patterns
Double Top
Fibonacci Retracement
headandshouldersformation
Technical Indicators
Monthly Pivots
reversal
signals
Trend Analysis
DennisDims
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