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"Short Top and Bottom Analysis: CHFJPY"

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
ThinkingAntsOk  
FX:CHFJPY   Swiss Franc / Japanese Yen
Support and Resistance Trend Lines Multiple Time Frame Analysis chf jpy CHFJPY fx Forex
2
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supportandresistance trendline mtfa chf jpy chfjpy fx forex
4 Hour Chart Explanation:

- Price broke the Ascending Trendline.
- It is, currently on an Ascending Channel.
- Price bounced from the Resistance Zone.
- If price breaks the Ascending Channel at 108.73, it has potential to move down towards the Support Zone at 106.5.

Our Weekly and Daily Analysis support that Short Idea. Take a look!

Weekly Analysis:
snapshot

Daily Analysis:
snapshot

Related Ideas

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"CHFJPY: moving as expected" by ThinkingAntsOk
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