CHFJPY is approaching big resistance after a major impulse to the upside.
This is looking like a nice area to short but do it carefully, since JPY is really shaky at the moment.
- I would only enter this trade if I see this resistance stopping this big movement up and starting to range or If I prefer to enter on a sell limit at 122.500 I would use a 30/35 Pip Stop.
This is looking like a nice area to short but do it carefully, since JPY is really shaky at the moment.
- I would only enter this trade if I see this resistance stopping this big movement up and starting to range or If I prefer to enter on a sell limit at 122.500 I would use a 30/35 Pip Stop.