Swiss Franc / Japanese Yen
Short
Updated

CHF/JPY: Sell setup, check out why

112
Hi guys,

I am currently looking at CHF/JPY which I think could be a good candidate for a sell.

We have got heavy clouds above the price suggesting the resistance is strong.

A Multi timeframe analysis shows that the sell is still ongoing and could accelerate in the next hours.

As soon as the current structure breaks to the downside, I will sell and will target the median line. Please check my chart for further details.

If you like my work, please show some love ;-)

Trade with care.

Cheers

Jesse
Trade active
My target is around 110.880
Note
Added some shorts.
Note
Thick KUMOS on M15 as you can see

snapshot
Note
Adding to my shorts
Note
Someone’s in
Note
?
Note
Nice pullback.

Shorting again the pair.

New Target 110.830

snapshot
Note
Pullback looks over
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.