VasilyTrader

CHFJPY: Short Trade Explained

Short
FX:CHFJPY   Swiss Franc / Japanese Yen

CHFJPY is retesting a trend line that was broken on Friday.

On hourly, the price has formed a tiny double top pattern and just broken its horizontal neckline.
I am bearish biased on the pair and expect a move to the downside.

Goals:
116.7
116.5

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.