bnet17

ChfJpy - Week TF - Sell to Support

Short
OANDA:CHFJPY   Swiss Franc / Japanese Yen
ChfJpy - Week TF - Sell to Support
Today is Saturday. After a week, let's analyze TF week...
1. The price has risen until the Strong Resistance area has the Fibo Cluster overlay.
2. The price has been rejected. Huge selling pressure and creating Shooting star candleStick
strategy
1.Sell TP 1 = Zone 129.091-129.136
2.Sell TP 2 = Zone 126.885-127.000
SL if price reverses above 136.300
And like every time!!!
To calculate the Lot every time, check to see if it hits SL, how much will it lose, is it the money we can accept or not..
good luck (Chok-di)

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