piphunters
Short

CHFJPY: Sell breakout

FX:CHFJPY   Swiss Franc / Japanese Yen
710 12 42
The pair will breakout very soon, either immediately as a breakout from an ABC corrective structure or going up a bit to complete a triangle and then break down, either ways plenty of sell opportunities will materialize so keep a close watch!
Comment: The setups posted here are not trade calls and are intended for informative purpose only and I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.

Wish you good trading!
Comment:
snapshot
Comment: price has broken down
Hi, I am very new to this. Am i right in saying it is reaching the end of the downward trend and the frank is looking quite bullish with the gold surge and it is going to start an upward trend?
If so would this be a good time to invest?
Reply
alex_steeno alex_steeno
Franc*
Reply
@Piphunter. Is this trade over or it is going to retest and resume the downward trend. Watching the charts, i think it is taking a retracement and resume the downward trend. Am I right. Still learning. Thanks
Reply
Yes over, now we gotta wait, major trend reversals looking possible now
Reply
j_amui piphunters
Thanks. Still following your ideas Great
Reply
Nice one...
Reply
piphunters peterdcharlebois
thanks
Reply
Thanks am in. All the best. But please how far do you expect it to go. I am looking at 111.637. What do you think? Is it likely to go further
Reply
I keep TP open usually for these kind of setups
Reply
j_amui piphunters
ok. Thanks. will continue learning n follow u
+1 Reply
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