CHFJPY - Bearish Bat Pattern

OANDA:CHFJPY   Swiss Franc / Japanese Yen
This is the daily chart of chfjpy .

It has completed a bat pattern in the daily time frame.

Price has broken below the PRZ yesterday, confirming the temporary bearishness.

I have entered short around 117.30.

PRZ 117.30

SL 119.60 (230)

TP1 114.40 (290)

TP2 112.20 (410)

This is a daily pattern, with wider stops and targets.
Do size your positions properly and do your own due dilligence.

Good luck and good trading!

Perfect fall on CHFJPY.

Enter when price breaks the lower support of the PRZ.

+100 pips and counting.

130 points and counting.

Will cover this trade if the market reverses and closes above the trendline.
Comment: Holding on to my shorts until this trendline is broken.

Trade closed: target reached: TP1 at 114.45 hit.

Great run to 300 pips.

Already closed all my positions.
上淘宝购买我翻译的 “和谐交易1” 开始学习

I trade with Harmonic patterns and VSA. Follow me along my trading journey at http://terryhexiejiaoyi.com.

Currently will only blog in mandarin as most of my fans are based in China.
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