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CHFJPY False Break

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Franc Swiss / Yen Jepang (FX:CHFJPY)  
tom_mok Mod  
FX:CHFJPY   Franc Swiss / Yen Jepang
Trend Analysis Chart Patterns CHFJPY structure indonesia patternception necklinetrader
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trendanalysis chartpattern chfjpy structure indonesia patternception necklinetrader
In the previous week price tried to break resistance, however price failed to close above the resistance level and make a false break.

snapshot

Based on this reason we can try to take a sell position after price break minor correction.
But we need to beware on opening market this monday. If price make a gap up. we can wait until price show some bearish pressure.
Patternception

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