CHFJPY - Bearish shark to sell at 105.57

FX:CHFJPY   Swiss Franc / Japanese Yen
Hey guys, I am watching CHFJPY             .

105.57- 105.62 is the zone I will be interested to go short on a bearish shark pattern.

I will monitor RSI for divergence/overbought before I execute my short.

EP: 105.57
SL: 105.90 (33)
TP: 104.40 (117)

Potentially a 1:3 risk to reward trade.

Will notify when I go in.

Do not use a pending order!
Comment: Price is very close to our entry zone.

Will wait for a break above and close below this zone before I go short.

Looking at how bullish USDJPY is, I will be more careful on this.

Do not enter with a pending order.
Trade active: Saw a nice rejection of the PRZ. Just went short.

SL 105.90
TP Open for now
Comment: Went in short at 105.43.
Comment: Up 40 pips and running. Did you guys get in too?
Comment: Updated my TP to 104.70.
Comment: Updated my SL to ensure a risk free breakeven trade.

Shifted my SL to 105.43.
Trade closed manually: Squared off my shorts at 104.10. Pocket around 30 pips.
Comment: Hey guys, for those of you who are interested how I trade, I prepared a report on how I will trade in Week 42.

Download report by clicking link below, no signups/login required.


Good weekend traders.

Check out my gameplan for next week!
shorted @ 104,337 , good luck mate
Holding through the weekend. Have a great weekend all!
GoldHunter TerryHarmonicTrading
updated my TP. thanks
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