CHFJPY - Bearish RSI divergence

PAIR IN FOCUS: CHFJPY
ACTION: SHORT
HORIZON: SHORT TO MEDIUM-TERM

A bearish RSI divergence in the H4 time frame suggests an incoming price correction. Look out for bearish price action before any SHORT entry. It is possible that price carve another swing high with lower RSI peak before the actual correction.

TP level and Stop Loss are indicated on the chart. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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