CFTG

Bearish movement - CHFJPY

Short
OANDA:CHFJPY   Swiss Franc / Japanese Yen
It was noted that CHFJPY could be hunting lower lows. Our current trend is bearish.
H1 is complemented with an extremely strong bearish divergence including an ABC pattern back into an order block.
Furthermore, H1 is complemented with additional trendline resistance increasing the probability of our trade.

R:R > 1:5

Good Luck :-)

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.