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tttnmzhaxqkojvornd
May 9, 2017 6:08 AM

Chf/Jpy Short PM Short

SWISS FRANC / JAPANESE YENICE

Description

Daily bearish engulfing from minor resistance level
4H bearish MACD divergence and immediate price action showing deceleration
1H double top with bearish MACD, pulling back to pivot

Short term as planned in the W watchlist due to M bullish bias

Trade closed: target reached

+1%
Comments
Merovincio
nice, well observed. I'm waiting for the end of the pullback to go long :P
tttnmzhaxqkojvornd
@Merovincio, Yes, the M has great bullish potential, hence the short term approach here. The 112 region will present a good long opportunity.
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