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piphunters
Apr 13, 2016 5:35 PM

CHFJPY: Sell breakout Short

Swiss Franc/Japanese YenFXCM

Description

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 thepiphunter.com and subscribe.

Wish you good trading!

Comment

Comment

price has broken down
Comments
alex_steeno
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?
alex_steeno
Franc*
j_amui
@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
piphunters
Yes over, now we gotta wait, major trend reversals looking possible now
j_amui
Thanks. Still following your ideas Great
peterdcharlebois
Nice one...
piphunters
thanks
j_amui
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
piphunters
I keep TP open usually for these kind of setups
j_amui
ok. Thanks. will continue learning n follow u
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