CHFJPY SELL BIAS

22 avr. 2021

Have a sell bias on CHFJPY, as we can see price broke market structure on the 1hr chart pulled back to the 50ema, tweezer top candlestick formation rejecting off the 0.5 fib followed by a bearish engulfing candle that engulfed the previous 7 hours of data, the pullback to the 50ema also created a hidden divergence on the RSI, Would expect to see price push down towards the psychological level @117.000