CHFJPY Structure Break out, look for continuation down
Updated
Hi everyone:
CHFJPY looking very good for continuation short opportunities.
We see price had a higher time frame double/triple tops by moving up correctively.
An ascending channel correction nature which is a reversal structure, further adding confluence to a sell.
Now that price has fully broken out of this structure, I would look for any continuation correction to develop for further sell opportunities.
thank you
CHFJPY looking very good for continuation short opportunities.
We see price had a higher time frame double/triple tops by moving up correctively.
An ascending channel correction nature which is a reversal structure, further adding confluence to a sell.
Now that price has fully broken out of this structure, I would look for any continuation correction to develop for further sell opportunities.
thank you
Note
Note
Wait for price to break out from this structureNote
Price broke out impulsively, look for more small correction to go lower. Note
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