CHFJPY is once again at a strong resistance zone, as well as a newly plotted resistive trendline, presenting bears with an opportunity to short the pair. A stop loss can be placed a few pips above the most recent high that broke through the resistance, with a target at the most recent low. However, bears should be aware of a possible bullish flag formation. Use proper risk management.
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Best of luck traders!
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Best of luck traders!