kayleighramesar

CHFJPY - head and shoulders pattern

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
the 1D timeframe is a bit large for my tastes, but for swing traders this may be right up your alley. (though the way things are looking, should I join in for the long term, or trade smaller moves?)

Looks like a Head and Shoulders pattern on the D tf(TF drawn in purple, red/brown to ID the pattern). It definitely feels bearish to me, which follows the larger W tf.
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