Sell CHF/JPY at right shoulder of H&S pattern
I believe all the JPY crosses could be at an important reflection point and therefore I am looking to buy the JPY. There is a possible Head & Shoulders pattern forming on this pair with profit at the neckline incase the pattern doesn't complete.
Sell Limit : 200.30 right shoulder
Stop : 201.59 above head of H&S
Profit : 196.75 before neck line of H&S
Risk 1 : 2.75 / stop is 129 pips