CHFJPY - Bearish Engulfing

Zaktualizowano
CHFJPY has formed a significant bearish engulfing on the weekly timeframe. Strong Bollinger Band outbreak also confirms this setup. SL set above previous highs, TP at the strong support level as marked.
Uwaga
idea still valid. Price pulled back. RSI divergence
snapshot
Uwaga
Currently +297 pips in profit
Uwaga
Dropping very quickly. snapshot
Uwaga
I will continue to hold as there is a significant bearish engulfing candlestick on the weekly https://timhttps://www.tradingview.com/x/xSXb0v8q/eframe.
Uwaga
snapshot
Uwaga
Still holding my short position. Head & Shoulders pattern is forming on the daily time frame.
snapshot
Bearish PatternsChart PatternschfCHFJPYjpySELLshortsupportTrend AnalysisWave Analysis

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