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CapitalMarketsLTD

CHFJPY Potential Short Drop

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
CapitalMarketsLTD Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns
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trendanalysis waveanalysis chartpattern
CHFJPY

If we follow Rectangle channel we should have a drop to further the wave..
Comment:
Price inching close to SL this could be a fakey or a confirmed breakout. Modify SL to 110. 50 and Hold for pullback before we close.
Updates...
Comment:
Runnin close to SL, if you can't fight it any more then let it hit SL. We ve about 10 positions opened even from this peak. We are holding 4pullback.
Comment:
$CHFJPY
Looking fragile could be a fall victim.
Max drop Retested broken TL, traders may keep buying the swing but Short is always possible.
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