Wave-Trader
Short

CHFJPY Sell on strong breakdown

FX:CHFJPY   Swiss Franc/Japanese Yen
2378 7 63
Hi fellows, i am expecting strong breakdown very soon on this pair. if impulse appears then sell.
Comment: Nice price action forming under trend line watching closely.
Comment:
snapshot
Comment: Price has retested the trend line and holding the trend line new top may form. Wait for clear break down of short term uptrend then look for entry.
snapshot
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Is it safe to enter now. Thanks
Reply
@j_amui, Wait for clear breakdown of uptrend then look for short ya uptrend still intact.
Reply
j_amui Wave-Trader
@Wave-Trader, Thanks.
Reply
@Wave-Trader can you update you view on this pair ?
Reply
is this considered as change of structure?
Reply
breaking the line, uptrend for now.
+1 Reply
@nbn007, not yet
+1 Reply
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