CHFJPY Double Top at 111.95 Within Symmetrical Triangle
On Swiss Yen we can see a clear double top rejection at the 111.95 level after price did a fake break of the descending resistance level.
First target is based at the .382 fib retracement, but I expect price to push down further after a retest of 111.7 structure level.
First target is based at the .382 fib retracement, but I expect price to push down further after a retest of 111.7 structure level.
Note
On a micro scale, we can see a nicely formed head and shoulders pattern with a break and retest of the neckline Trade closed: target reached
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