hi guys. today we're going to be looking at CHFJPY. firstly HS pattern was formed on a LTF and its close to a resistance level. and we all know HS patter is a bearish reversal pattern. This mean we should be looking for bearish entry for the week. Secondly its consolidating and forming an ascending channel, this also is a bearish pattern, therefore am looking forward to more development in price, I.e. a impulsive breakout below the channel, and consolidation ( confirmation that the correction is over). trade carefully and remember your risk management. have a great weekend :)