CHFJPY - Bearish Engulfing

17. Juli 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. Juli 2017

Anmerkung

idea still valid. Price pulled back. RSI divergence

29. Juli 2017

Anmerkung

Currently +297 pips in profit

30. Juli 2017

Anmerkung

Dropping very quickly.

30. Juli 2017

Anmerkung

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. Juli 2017

Anmerkung

6. Sept. 2017

Anmerkung

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