CHFJPY: Bearish Move Started?! ๐Ÿ‡จ๐Ÿ‡ญ๐Ÿ‡ฏ๐Ÿ‡ต

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Last week we spotted a major rising parallel channel on weekly.
As you remember, a bearish move was expected after a touch of its resistance.

This morning we see multiple bearish clues on intraday time frames.

On 4H the price formed a head and shoulders pattern;
broke and closed below a rising trend line and violated a horizontal neckline to the downside as well.

Now I expect a bearish continuation.

Goals:
123.55
122.8

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chfforecastHead and ShouldersjapaneseyenjpyMultiple Time Frame AnalysisTechnical AnalysistradingTrend Linesyen

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