CHFJPY Head and shoulders means more bears 🐻

2022年5月1日

The Swiss Franc/Japanese yen pair formed a Head and shoulders last week and so we will be looking for entry on the lower time frame after a retracement around the area where price is at currently. We have a second entry point at the neckline of the right shoulder and final target was measured by fib extension to the 161.8 level.