Lingrid

Lingrid | CHFJPY Short from the SWING zone

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
The price is pulling back to resistance after a massive bearish move or impulsive leg. I think that if the price falls from the resistance at 166.500 and the downward trendline and lower border of the range zone, which is the swing zone as well. The market has tested this level several times before. I am waiting for the price to roll back to the support level from the swing zone again if price action gives us a sell signal, such as a protruding long-tailed bar, meaning liquidity grab above the zone. My goal is to support 164.155.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.