Double top Head and Shoulders below 200 EMA / Go short

4 hours currency strength indicator confirms the short position. JPY is gaining strength while CHF is weakening. I set my first target at 38 pips.

تم فتح الصفقة:

Price can pull back 20-30 pips to Ichimoku cloud resistance before the next big drop. I expect the drop of about 192 pips (the distance from the head top to the neckline) to a descending 4 hours trendline that touches from 27.12.17 - 10.01.18 - 26.03.18.