CHFJPY is testing a major resistance level.
RSI is printing a bearish divergence signal.
Price action is printing an ascending broadening wedge at the top.
Sell entry ⬇️ - breakdown below the ascending broadening wedge support + previous swing low.
Target 🎯 - fibonacci retracement levels + support level.
Setup invalidation ❌ - breakout above resistance level.
RSI is printing a bearish divergence signal.
Price action is printing an ascending broadening wedge at the top.
Sell entry ⬇️ - breakdown below the ascending broadening wedge support + previous swing low.
Target 🎯 - fibonacci retracement levels + support level.
Setup invalidation ❌ - breakout above resistance level.