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HayatoDragonFX

CHFJPY, 4hr tf, three black crows setup

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
HayatoDragonFX  
FX:CHFJPY   Swiss Franc / Japanese Yen
Support and Resistance Fibonacci Candlestick Analysis CHFJPY chfjpysell chfjpyshort chfjpyanalysis Three Black Crows priceaction priceactiontrading Fibonacci Retracement
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supportandresistance fibonacci candlestick chfjpy chfjpysell chfjpyshort chfjpyanalysis threeblackcrows priceaction priceactiontrading fibonacciretracement

It was very clear price holding below the 123.50 resistance for quite some time.

Notice that three black crows candles appeared and right now retracing for 61.8 fibonacci retracement.

This could be a good area for entering sell.

Sell CHFJPY 123.20
Stop loss 123.70
Take profit 121.00 (4.4R)

Use only 1-2% risk
Good luck
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