CHFJPY AROUND ATH!!

19 มิ.ย. 2023

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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QUICK UPDATE ON CHFJPY

As we can see price is still around the All-time high!! were we will be looking to catch another bearish reversal trend.

However, we need some confirmation!

Price formed a nice looking major low and for the bears to kick in we need a momentum candle close below the marked neckline,

Then a movement lower would be expected.


1-2 Risk To Reward ratio from a risk management perspective,

Meanwhile and until that happens price is still overall bullish and price can still trade more higher before reversal.


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and as usual follow your trading plan and manage your risk.

Be patient and good luck!