AvramisSwing

Hi Traders Possible Reversal On CHF/JPY

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
Hi Traders

CHF/JPY ( Daily Timeframe )

A high probability, entry to go SHORT is forming @ 116.154 after the market found resistance @ 117.772. Only the upward break of 117.772 would cancel this bearish scenario.

Trade details:

Entry: 116.154
Stop loss: 117.772
Take profit 1: 115.199
Take profit 2: 113.581
Take profit 3: 110.944

Score: 6
Strategy: Bearish Trend Reversal

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.