CHFJPY setup for this week Short
Swiss Franc/Japanese YenFXCM
Description
⋅ Hi traders,
For this pair I am looking at a short entry at 118.3 area.
- Previous support & resistance
- Trendline
- 1.618 fib of the most recent swing on lower timeframe (see below in comments)
- Completed AB=CD pattern (see below in comments)
Entry: 118.3
Stop: 119.3
Target 1: 116.46
Target 2: 114.33
Best of luck!