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LanHunt
Mar 23, 2016 10:53 AM

chfjpy still in the channel Short

Swiss Franc/Japanese YenFXCM

Description

Looking to short here, enough people are jumping on the wagon now so we'll eat some stops and pull down again, jpy could prove tricky if they continue to intervene but we'll see how it goes, adjust sl and entry according to bullish/bearish momentum

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Comment

bearish pressure still in looking to extend target
Comments
LanHunt
potential to extend target provided we break and close below 111.85 support, extenstion (full 106.45) move stop as needed
LanHunt
watch out for support at 116.12
LanHunt
1st entry gold line at 116.874
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