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VasilyTrader
Dec 6, 2019 7:48 AM

CHFJPY: Trading Plan Short

Swiss Franc/Japanese YenFXCM

Description



CHFJPY has reached a strong resistance level on 4H/

formation of a double top pattern and rsi divergence leave us a clue that bulls are exhausted.
bets are high that we see a strong bearish reaction from the underlined resistance.

our confirmation will be a bearish violation of minor support on 1H.
Wait and sell the market after a bearish violation of 109.9 support.

our target levels will be 109.7 / 109.5

good luck!
Comments
KINGOFPROFITS
Yassminee
good trade
pezza82
Will be keeping an eye on this one bro, patience is the key
VasilyTrader
@pezza82, it is broken)
now retest and sell ahah
vasutrade1
The Pair is bullish in the daily and weekly, there is high chance to break upside..
VasilyTrader
@vasutrade1, everything is possible!
VasilyTrader
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