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Franc Swiss / Yen Jepang
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CUP AND HANDLE PTTERN SHORT

Oleh BeautifulTiger
Diupdate
PRICE HAS HIT A KEY RESISTANCE ON THE DAILY.POSSILY FORMING A CUP AND HANDLE PATTERN WITHIN THIS UPTREND. IM LOOKING FOR A 70 PIP TP TO THE 23% FIBB LEVEL WITH A 20 PIP STOP.ENJOY AND LET ME KNOW YOUR THOUGHTS ON THIS IDEA :)
Catatan
WILL BE LOOKING TO BUY AFTER THE RETEST OF THE HANDLE
Catatan
Price Testing the 50 Fibbonacci level Still good area to Short.
Catatan
Price closed under .618 Fibb level. Holding
Catatan
PRICE WENT IN INTENDED DIRECTION FOR SOME PROFIT,BUT CUP AND HANDLE WAS INCOMPLETE. IN SPECULATION IT WAS DUE TO W PATTERN THAT HAD ALREADY FORMED AT THE BOTTOM OF THE MOVE.
Catatan
TIP:THE BIGGER THE TIMEFRAME THE MORE ACCURATE THE MOVE.
Chart PatternsFibonacciSupport and Resistance
BeautifulTiger

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