CHFJPY | Update - Is This The End Of The Extended Uptrend?

CHFJPY | Is This The End Of The Extended Uptrend?

During the last months, or let's say better since at the beginning of the year 2022
CHFJPY began a very strong bullish movement.

We also faced an all-time high in the price development on June,22 when the
price broke out of a strong monthly resistance dating back to 2015.

On the 4-hour time frame, the price completed a Head & Shoulder pattern and probably this can be the beginning
of the new bearish trend.

Thank you and Good Luck!