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Swiss Franc / Japanese Yen
Short

CHFJPY: Possible confluence for short

By SlackerT43
Updated
Some possible confluence suggest CHFJPY could possibly short around the 168 area. A potential Gartley pattern on the daily/4 hour chart. Equal measured move/ABCD daily/ 4 hr. Even handle number at 168 even. Testing previous highs. Overbought RSI daily, so possible divergence. Could be a nice area to look at for a shorting opportunity.
Comment
Price currently testing the D completion of the gartley. Showing possible signs of loss of momentum.
abcd_patternBearish GartleyCHFJPYchfjpyshortevenhandleHarmonic PatternsTechnical Indicatorsshortsetupstructure-trade

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