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Swiss Franc / Japanese Yen
Short

CHFJPY: Good Short Opportunity

870
snapshot

CHFJPY reached a strong horizontal daily structure yesterday.

the price started to consolidate and coil within a horizontal trading range on hours once it reached the above mentioned key level.
just recently the pair has broken below its support.
the breakout is considered to be confirmed now.

now I expect a bearish continuation to 115.15
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Chart PatternschfCHFJPYfxjapaneseyenjpySupply and DemandswissfrancTechnical AnalysistraderTrend Analysisyen

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Chart PatternschfCHFJPYfxjapaneseyenjpySupply and DemandswissfrancTechnical AnalysistraderTrend Analysisyen
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✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

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Also on:

Related publications

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.