CHFJPY : Short Trade , 4h

FX:CHFJPY   Swiss Franc / Japanese Yen
Hello traders, we want to check the CHFJPY chart in the 4-hour time frame. The overall trend of the market is bearish and the market is moving in a downward channel. The price has reached the ceiling of the channel and could not break the ceiling of the channel and is moving in a range zone. If the price can break the small ascending channel and also the range area and stabilize itself at the bottom of the price of 144.300, we expect the price to fall to the lower areas of the specified channel. Good luck.

CHFJPY sell Entry : 144.346

Stop : 146.400 , Target1 : 142.294 , Target2 : 140.240

Risk/Reward Ratio : 2


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