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munyaelliott

CHF/JPY DAILY TIMEFRAME SHORT

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
munyaelliott  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Technical Indicators Beyond Technical Analysis historyrepeatsitself bearflags4days Chart patterns priceaction impulsecorrectioncontinuation CHFJPY chfjpyshort wallstreet belfort
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trendanalysis indicator beyondta historyrepeatsitself bearflags4days chartpatterns priceaction impulsecorrectioncontinuation chfjpy chfjpyshort wallstreet belfort
CHF/JPY is currently recuperating after the big sell we took. It seems history might repeat itself. Price is making a bear flag pattern on the 4-hour timeframe. If price does indeed break to the downside, i will be taking a short trade targeting the bottom of the flag pattern. Entries will be posted once the trade is ready. For now, we wait. Patience is the key.

Target Take Profit: 107.880

Trading Rules:
1. Trust the process
2. Patience is key
3. Secure the bag
4. Repeat
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