SMPTrader

Possible CHF/JPY Short position

Short
FX_IDC:CHFJPY   Swiss Franc / Japanese Yen
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 4-8 Hours
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 111.340 level and move towards the first Target 1 level @ 109.620

FX:CHFJPY

Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 109.620
Target 2 @

Risk/Reward @ 1.5

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!