#CHFJPY: Classic Bearish Setup

#CHFJPY: Classic Bearish Setup

24 March 2023, 13:34
Kestutis Balciunas


#CHFJPY: Classic Bearish Setup

🔻CHFJPY has nicely respected a confluence zone based on a horizontal 4H resistance and a 0.5 retracement of the last bearish impulse.

The price formed a double top pattern on that and broke its neckline.

Probabilities will be high that the pair will drop lower soon.

Goals: 141.172 / 140.363

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