taurisking

CHFJPY short weekly h4

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY has been consolidating near the retest of the weekly broken inner uptrend , price rejection shows strength in bears, price is currently on a medium term zone on h4, its a sell but price could make way to retest the descending trendline near the 112.500 level.

Mind volume on contracts when shorting now, sell limit at 112.480.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.