KelvinShamKaiMan

(EP #113) Kelvin Trade Ideas CHFJPY Bat Pattern 2020-06-04

Short
OANDA:CHFJPY   Swiss Franc / Japanese Yen
A bearish bat pattern is almost complete in the four hours chart, it provides a potential reversal level (PRZ) from 113.490 to 113.210. This PRZ is overlapping the resistance level (grey box), it means this area is an ideal sell zone. I will wait for the market to reach the PRZ first. If the market gives me confirmation signals later, I will decide should I short the market.

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