Sunday, March 25, 2012
CHF/JPY Technical Analysis, Weekly PinBar With Divergence, Trend Reversal Imminent?
Here is an interesting setup on the CHF/JPY Forex pair. It looks like there is a nice divergence with a bearish pin-bar. The location could not be better. The weekly bar is sitting on a nice price pivot zone that was used many times as support and resistance. Should be interesting to watch this pair in the coming week to see how it does. Enjoy!
Posted by Razor at 2:48 PM