CHF/JPY SHORT
Hello! With CHF/JPY getting rejected by the Daily 21 EMA and 123.409 being confirmed as resistance, I am looking for bearish continuation on this currency pair this week.
TP1: 121.483 (.618 fib and Daily Support)
TP2: 120.375 (.786 fib and VPOC)
Cipher Analysis:
Blood Diamond on the 4 HR. Money flow and Momentum forming lower highs and lower lows on the 6 HR
Good Luck!
TP1: 121.483 (.618 fib and Daily Support)
TP2: 120.375 (.786 fib and VPOC)
Cipher Analysis:
Blood Diamond on the 4 HR. Money flow and Momentum forming lower highs and lower lows on the 6 HR
Good Luck!
Note
Trade active
Price getting rejected by same daily resistance with declining momentum (blue waves) and declining money flow
Note
S/L: 123.431
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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.