CHF JPY possible long trade near previous highs

١٨ يناير ٢٠٢١

Expanding flag failing to major trend lines. Love these setups. Best entry is near the 78-88% or after you see a W/double bottom pattern or inverse head and shoulders near previous support. Also a head and shoulders up top, head to neck measurement looks complete. Another reason to look for the long reversal. Sometimes these patterns will break the previous low before reversing.