HiTech
Short

CHFJPY DOWNTREND DETECTED

FX:CHFJPY   Swiss Franc / Japanese Yen
194 4 5
CHFJPY             broke below strong support near 131.40 which has become a resistance. It looks like a very good opportunity to short this pair to target previous strong resistance area near 126.00. You can see the details of my trade on the chart.
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moving nicely down, almost at the target, if target will be broken this should result in a far heavier downtrend
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Re-entered the short trade being quite aggressive, don't think it'll go anywhere higher than 129.64 before hitting the target. Good luck to all who is on this one
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HiTech HiTech
entered short at 129.10
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I am out of the trade for now since CHFJPY could first test 132.4
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