Pipsfreq

CHF/JPY - Short opportunities, channel up reversal.

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
Soo, we have now many reversal signals. Price is exhausted to climb higher. 8H chart nice pinbar candle give me signals that price could drop, daily chart nice bearish Spinning Top bearish reversal pattern, 8h and 4h chart AO shows bearish momentum, last swing high resistance push price down and made quite Double-Top reversal pattern as well. Hope to see price retest 113.400 (61-78 fib level).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.