CHFJPY a perfect sell setup

FX:CHFJPY   Swiss Franc / Japanese Yen
2685 5 160
This is what a perfect sell setup should look like impulse correction and another impulse .
Break of the weekly up trend and the start of a daily down trend just seem to support the sell .
Let's see how this plays out.

Trade with a tested strategy that has a positive W/ L ratio and 1/2+ risk /reward ratio.
Enjoy your weekend .
Training : add to skype mangal457
doesn't look like the perfect sell setup though...
+1 Reply
Please share your view , attach a chart here.
+4 Reply
+1 Reply
Nice clean charts as always, on this trade as well. Take the breakout

thanks for the analysis! similar to eurchf long
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