CHFJPY - Potential Bearish Reversal!

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CHFJPY is sitting around a strong weekly demand zone, so we will be looking for sell setups on lower timeframes.

on M30: CHFJPY formed a head and shoulders pattern but it is not ready to go yet.

Trigger => Waiting for a momentum candle close below the gray neckline to sell.

Meanwhile, until the buy is activated, CHFJPY would be overall bullish can still trade higher inside the green demand.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich