A potential short opportunity on ChfJpy. Price has formed a series of LL and LH since the sell off from 114.500 area. The sell of and recent retracement lines up with the 0.61 fib zone and also a potential third touch of the descending trend line.
I will need to wait for extra confirmation and confluences on the lower time frames for a trend reversal and potential entry.
I will need to wait for extra confirmation and confluences on the lower time frames for a trend reversal and potential entry.
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