Structure: Uptrend
Moving Average: Uptrend
Trendline: Above Uptrend Line
Pattern: Potential Double Top at Clear Resistance
Trigger: Bold Dark Candle
Resistance: 111.80 - 112.20
Support: 110 - 110.20
After 8 days advance, CHFJPY price slowed down and closed with a significant dark candle.
Near multiple top resistance: 111.80 - 112.20
Reversal Signal from Price Action, high R:R
Half position size since overall daily trend is upward
Moving Average: Uptrend
Trendline: Above Uptrend Line
Pattern: Potential Double Top at Clear Resistance
Trigger: Bold Dark Candle
Resistance: 111.80 - 112.20
Support: 110 - 110.20
After 8 days advance, CHFJPY price slowed down and closed with a significant dark candle.
Near multiple top resistance: 111.80 - 112.20
Reversal Signal from Price Action, high R:R
Half position size since overall daily trend is upward