CHFJPY - Bearish Engulfing

17 lug 2017

CHFJPY has formed a significant bearish engulfing on the weekly timeframe. Strong Bollinger Band outbreak also confirms this setup. SL set above previous highs, TP at the strong support level as marked.

25 lug 2017

Nota

idea still valid. Price pulled back. RSI divergence

29 lug 2017

Nota

Currently +297 pips in profit

30 lug 2017

Nota

Dropping very quickly.

30 lug 2017

Nota

I will continue to hold as there is a significant bearish engulfing candlestick on the weekly https://timhttps://www.tradingview.com/x/xSXb0v8q/eframe.

30 lug 2017

Nota

6 set 2017

Nota

Still holding my short position. Head & Shoulders pattern is forming on the daily time frame.