From Cup and Handle to W Formation for CHF/JPY but target 186.04SWISS FRANC VS JAPANESE YENTRADENATIONSB:CHFJPYTimonrossoInitially, we saw a Cup and Handle form on CHF/JPY. The price however, never broke above the Brim level, and instead formed a W Formation. So now that we have a W Formation, it kind of changes the analysis but only in the breakout pattern form. So now we will wait for the price to break above the Neckline of the CHF/JPY. The rest of the analysis remains the same. Price>20 and 200 Target 186.04 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.