Stock
Short

CHFJPY Short Idea

FX:CHFJPY   Swiss Franc/Japanese Yen
222 4 2
Is that a realistic pattern? I think with a small position and a wide SL this might be a good chance.
It looks worth thinking about.
I would wait for a confirmation that the upmove is over. The Harmonic Pattern is a good indicator here may be.
I would wait until point D is reached or 112,70(support on a daily basis) is broken or for a Candle Stick hint for a top.
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I'm sorry, but I can't imagine this scenario... I can't help being very bullish on this pair. And there's no clear sign of topping yet. It seems to be in the middle of some impulse wave. I'd give it more time, before considering any shorts.
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Now we are in a interesting area.
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