jojofang0901

CHFJPY Structure Break out, look for continuation down

Short
jojofang0901 Updated   
OANDA:CHFJPY   Swiss Franc / Japanese Yen
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

Comment:
Comment:
Wait for price to break out from this structure
Comment:
Price broke out impulsively, look for more small correction to go lower.
Comment:

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.