ProfessorGenki

Short Long-Position CHF/JPY

Long
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Closed on Friday with a decent strong bullish candle. I used to believe a possible short, but Weekly-Fibo 50 and Daily-Fibo 38,2 Line could hold the bears back, furthermore it did not break through the trendline. I believe a climb to the next Weekly-Fibo (38,2) and after reaching it we reshuffle.
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