CHFJPY Structure Break out, look for continuation down

10 Tem 2020

Hi everyone:

CHFJPY looking very good for continuation short opportunities.

We see price had a higher time frame double/triple tops by moving up correctively.

An ascending channel correction nature which is a reversal structure, further adding confluence to a sell.

Now that price has fully broken out of this structure, I would look for any continuation correction to develop for further sell opportunities.

thank you

10 Tem 2020

Not

14 Tem 2020

Not

Wait for price to break out from this structure

15 Tem 2020

Not

Price broke out impulsively, look for more small correction to go lower.

17 Tem 2020

Not