CHFJPY short-looking to scalp the whole way down decending trend
Looking to scalp this pair down the descending trendline. We can see that the price is forming a head and shoulders. We can also see that the price respected the descending trendline on the left side of the head and shoulders. Price has also been respecting the right side of the head and shoulders in the form of the descending trendline. So I will go ahead and scalp it, I am shorting this pair every time price touches/wicks the trendline. Let's see what happens!
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