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Trade of The Week | Counter Trend Trading đŸ”„đŸ”„đŸ”„

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Schweizisk franc/Japanska yen (OANDA:CHFJPY)  
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OANDA:CHFJPY   Schweizisk franc/Japanska yen
Multiple Time Frame Analysis Parallel Channel Head and Shoulders signals signal signalservice signalsprovider Forex trader CHFJPY
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mtfa parallelchannel headandshoulders signals signal signalservice signalsprovider forex trader chfjpy
snapshot

Hey traders,

Earlier we spotted together a major rising parallel channel on CHFJPY.
Trading in a strong long-term bullish trend the pair was approaching its resistance line.
We were expecting a pullback from that.

CHFJPY: Key Weekly Resistance & Correctional Move đŸ‡šđŸ‡­đŸ‡ŻđŸ‡”

My trigger to short was a head and shoulders formation on intraday time frames. I was patiently waiting for its neckline breakout to short on a retest.

CHFJPY: Bearish Move Started?! đŸ‡šđŸ‡­đŸ‡ŻđŸ‡”

After a confirmed violation of a neckline, the price dropped nicely.

+160 pips of pure profit gained.

Share your winners of this week!

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Kommentera:
Check my new idea on EURUSD:
EURUSD: Key Levels to Watch Next Week đŸ‡ȘđŸ‡șđŸ‡ș🇾
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