SensibullTrading

CHF/JPY showing bearish price action at the resistance level

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
CHF/JPY is currently struggling to overcome the resistance at 122.50 area.
The last few candlesticks on the 4H chart indicates some bearishness.

So, based on this bearish price action, traders can consider selling the the resistance
with initial target as shown by the arrow marked in my chart.
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Comments

Very good analysis. Already following your signal to sell at 122.26 and holding
+1 Reply
Excellent setup, thanks. πŸš€πŸš€
Reply
Totally agree πŸ’― nicely done mate !
Reply
Blessed Champ..
Reply