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CHF/JPY SENDS CLEAR BEARISH SIGNALS|SHORT

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
EliteTradingSignals  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CHFJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis chfjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

CHF/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 170.148.

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