CHFJPY - Bearish Engulfing

17 juil. 2017

CHFJPY has formed a significant bearish engulfing on the weekly timeframe. Strong Bollinger Band outbreak also confirms this setup. SL set above previous highs, TP at the strong support level as marked.

25 juil. 2017

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idea still valid. Price pulled back. RSI divergence

29 juil. 2017

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Currently +297 pips in profit

30 juil. 2017

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Dropping very quickly.

30 juil. 2017

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I will continue to hold as there is a significant bearish engulfing candlestick on the weekly https://timhttps://www.tradingview.com/x/xSXb0v8q/eframe.

30 juil. 2017

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6 sept. 2017

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Still holding my short position. Head & Shoulders pattern is forming on the daily time frame.