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iwynne

CHFJPY IS A LONG TERM SHORT

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
iwynne  
FX:CHFJPY   Swiss Franc / Japanese Yen
Support and Resistance Fibonacci Trend Lines fibsdontlie fibspaysthebills keepitsimple
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supportandresistance fibonacci trendline fibsdontlie fibspaysthebills keepitsimple
Reasons for this trade:
1. It broke the trendline confirming a reversal for the downtrend
2. Its currently at a zone (78.6 - 88.6)
3. As long as it doesn't break the last high ( at the 100%) then this will be a nice bearish move
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