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CHFJPY: Preparing For Trend Reversal



CHFJPY formed a huge h&s pattern on a daily chart .


Though its left shoulder looks a bit weird, the pattern is valid from a price action perspective.


The price is now stuck on the horizontal neckline.

The trigger that we are waiting for is its bearish breakout (daily candle close below),

then a strong bearish wave will be expected.


Potential goal - 114.0

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