CHFJPY Completed a 240 min bearish Cypher pattern and too near the completion of the bearish deep crab pattern (yellow). The price can reverse also from where it is now as it is almost at the top of the structure.
1. Price too near the upper trend line 2. Divergences 3. Bearish Cypher pattern 240 min (completed) 4. Bearish Deep Crab pattern near completion