CHFJPY Bullish Crab Formation and Long Opportunity
CHART TIMEFRAME: H1
CHART PATTERNS: Support Breakout and Bullish Crab Formation
EXPLANATION: CHFJPY is testing 112.000 support. If it breaks below 112.000, Bullish Crab Harmonic Pattern would be completed at D 111.480. We may see a retracement at the D Leg.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
CHART PATTERNS: Support Breakout and Bullish Crab Formation
EXPLANATION: CHFJPY is testing 112.000 support. If it breaks below 112.000, Bullish Crab Harmonic Pattern would be completed at D 111.480. We may see a retracement at the D Leg.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Handel aktiv:
Short worked as predicted and price reached the area of entry.
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