FX:CHFJPY   Swiss Franc / Japanese Yen
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.
Moving average value?
Add volume.
lookout for the cup and handle pattern.
+1 Reply
@MoeYousef, i don't trade this pattern.
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