CHFJPY | Update - Is This The End Of The Extended Uptrend?
CHFJPY | Is This The End Of The Extended Uptrend?
During the last months, or let's say better since at the beginning of the year 2022
CHFJPY began a very strong bullish movement.
We also faced an all-time high in the price development on June,22 when the
price broke out of a strong monthly resistance dating back to 2015.
On the 4-hour time frame, the price completed a Head & Shoulder pattern and probably this can be the beginning
of the new bearish trend.
Thank you and Good Luck!
During the last months, or let's say better since at the beginning of the year 2022
CHFJPY began a very strong bullish movement.
We also faced an all-time high in the price development on June,22 when the
price broke out of a strong monthly resistance dating back to 2015.
On the 4-hour time frame, the price completed a Head & Shoulder pattern and probably this can be the beginning
of the new bearish trend.
Thank you and Good Luck!
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www.youtube.com/@TradingPuzzles
✅My FX Broker
bit.ly/49VySJF
