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VaidoVeek
Jan 7, 2019 2:55 PM

CHFJPY Important Trendline Retest Short

Swiss Franc/Japanese YenFXCM

Description

Hey!

Here could be a potential SELL opportunity around the 111.000.

Around the 111.000 matches some criteria:
1. Important trendline retest, which should act as a resistance
2. Old support becomes resistance
3. The round number 111.000 acts as a resistance
4. Lower timeframes EMA's should work as resistances.

Wait for the rejection from the lower timeframes!

Do not forget to hit the "LIKE button!

Cheers!

Trade active

Trade closed: target reached

The first target reached!
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