CHFJPY: Trading Plan

٦ ديسمبر ٢٠١٩

CHFJPY has reached a strong resistance level on 4H/

formation of a double top pattern and rsi divergence leave us a clue that bulls are exhausted.
bets are high that we see a strong bearish reaction from the underlined resistance.

our confirmation will be a bearish violation of minor support on 1H.
Wait and sell the market after a bearish violation of 109.9 support.

our target levels will be 109.7 / 109.5

good luck!