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Bullandbeartrading

CHF/JPY Trade Idea

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
Bullandbeartrading  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators CHFJPY short Forex swingtrade countertrendline
70
4
trendanalysis chartpattern indicator chfjpy short forex swingtrade countertrendline
Hello and welcome to my Trade Idea of the currency pair CHF/JPY .

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is in a downtrend.

Weekly: Weekly is bearish too with nice up and down waves.

Daily: On the daily timeframe we draw the strong bearish trendline .

H4: Here we draw the counter trendline . We wait for a confirmed break and then a push to the downside.


Have a nice day.
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