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The_Forex_Path
Mar 16, 2023 8:26 PM

CHFJPY Short

Swiss Franc/Japanese YenFXCM

Description

Hello traders.

Yen shows surge!!!


The pair has shown fakeout of the trendline and respected the current global situation.

Techniocally, it can go back up to test the trend line in confluence with some previous resistance area + Fib levels of 0.618 - 0.5.
I am cleary in fond of shorts. Even in an SL event, I will consider enter again based on price action, news and charts.

Trade closed: target reached

Trade 1 activated and hit take profit level.
+140 pips.
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