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munyaelliott
May 24, 2019 6:16 PM

CHF/JPY DAILY TIMEFRAME SHORT Short

Swiss Franc/Japanese YenFXCM

Description

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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