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chiefcapitalfx
Jan 27, 2017 10:23 PM

CHF/JPY potential downtrend....possible pattern will emerge. Short

CHF/JPYOANDA

Description

I've listed these areas (red) which managed to keep testing the resistance line twice and has worked because price has immediately feel short and dropped quite a bit after each retest.

There is a lot of support as well which rallied the price up but I am confident that it will rally back down.

Looking to short this Sunday evening GMT.

Thank you guys and keep trading safely and efficiently (Y)
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