CHFJPY remains to be bearish as overall structure is still prepared for another big Bear push.
Note that this recent bullish run is rather corrective and weak in nature, not impulsive. and if compared it to the previous bearish swing, i believe that this is just a retracement of that.
now we can see a potential double top formation on the top of the bullish retracement structure. is the bear ready?
set my order and going to bed. lets see how it goes.
Note that this recent bullish run is rather corrective and weak in nature, not impulsive. and if compared it to the previous bearish swing, i believe that this is just a retracement of that.
now we can see a potential double top formation on the top of the bullish retracement structure. is the bear ready?
set my order and going to bed. lets see how it goes.
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Stopped out