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Capricorn_Trader

CHFJPY Head and shoulders means more bears 🐻

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
Capricorn_Trader  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The Swiss Franc/Japanese yen pair formed a Head and shoulders last week and so we will be looking for entry on the lower time frame after a retracement around the area where price is at currently. We have a second entry point at the neckline of the right shoulder and final target was measured by fib extension to the 161.8 level.
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