Hey traders,
Earlier we spotted together a major rising parallel channel on CHFJPY.
Trading in a strong long-term bullish trend the pair was approaching its resistance line.
We were expecting a pullback from that.
My trigger to short was a head and shoulders formation on intraday time frames. I was patiently waiting for its neckline breakout to short on a retest.
After a confirmed violation of a neckline, the price dropped nicely.
+160 pips of pure profit gained.
Share your winners of this week!
❤️Please, support this idea with like and comment!❤️
Nota
Check my new idea on EURUSD: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.