🚨 CHFJPY Alert 🚨
Don't catch a falling knife... 🔪 However, price always returns to moving averages, and CHFJPY could be starting its descent.
Personally, I think price may form one last bullish move up and then come crashing down. However, the 1-hour is forming a descending triangle. A break below the triangle could be the start of the daily retracement.
Thoughts?
CHFJPY 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.