CHFJPY 1h Falling Wedge
3 confluences for this trade
- price rejected the upper trendline, sticking to bearish structure plan
- price broke bullish trendline with a strong bearish impulse
- price is forming a falling wedge
This is very similar to a trade I took on GBPCAD/EURCAD recently which was a 300 pip move.
- price rejected the upper trendline, sticking to bearish structure plan
- price broke bullish trendline with a strong bearish impulse
- price is forming a falling wedge
This is very similar to a trade I took on GBPCAD/EURCAD recently which was a 300 pip move.
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