CHFJPY Forex Signal By Trading Twist trying to hold onto the right shoulder, Although the cross-posted bearish outside candles on numerous time frames close to the 166.41 previous high, buyers have emerged again overnight.
The four-hour chart highlights the potential of a bearish head and shoulders pattern. If the 166.58 previous swing high is breached, this formation is negated.
We could then see further gains towards the 261.8% extension level of 167.59.
