A 1:7 Risk to Reward SHORT on CHFYENThis pair has exploded upwards and needs a correction to the downside.
It is massively overbought on W1, Daily, H4.
H4 is showing divergence.
The resistance at 148.85 is very strong and there is a nice harmonic pattern.
Target 1 is about 500 pips away with an 80 pip SL.
