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FX618Analysis

CHFJPY, Bearish BAT Pattern Complete! Lets Go Short

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
FX618Analysis Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns Bat Bearish Patterns Trend Lines broken chf yen boj
3
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trendanalysis harmonicpatterns chartpattern batpattern bearish trendline broken chf yen boj
Pattern is complete on the daily charts. for the entry and sl tp level please see the main chart. any updates would be available below if needed. happy trading and have a great weekend ahead
Comment:
RR ON THIS FOR NOW IS 1:1.7. IF NEEDED IN THE FUTURE I MIGHT BRING THE STOPS ABOVE TO MAKE THE TRADE A MINIMUM 1:1. PRICE HAS FORMED A HAMMER ON THE DAILY AND THE DAILY TRENDLINE HAS BEEN BROKEN AS WELL SUGGESTING THE PRICE MIGHT HAVE TOPPED.
Comment:
ADJUST SL TO 115.400
Trade closed manually:
CLOSE THE POSITION. PRICE APPROACHING WEEKLY SUPPORT PIVOT. JUST 15 PIPS AWAY FROM OUR TARGET. MIGHT BOUNCE AND HEAD UP.

RETURN 1.4% OVER 1% INVESTED

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