CHFJPY: Triangle Pattern and Drop
We have a bearish channel in CHFJPY, this was generated by the supply area recently reached, the big players in the market are accumulating orders to finally bring the price down.
One of the most aggressive options is to buy when the triangle breaks, another would be to wait for the retest in support after the breakout. For a more conservative option, sell when the channel breaks.
I wish you many successes in your trading boys and girls!
Patience! :)
One of the most aggressive options is to buy when the triangle breaks, another would be to wait for the retest in support after the breakout. For a more conservative option, sell when the channel breaks.
I wish you many successes in your trading boys and girls!
Patience! :)
Note
Note
Sorry, it wasn't 131, but 113,000
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