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Market_ATM

CHFJPY Reversal

Short
Swiss Franc / Japanese Yen (OANDA:CHFJPY)  
Market_ATM  
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Support and Resistance Candlestick Analysis Multiple Time Frame Analysis
6
1
supportandresistance candlestick mtfa
Structure: Uptrend
Moving Average: Uptrend
Trendline: Above Uptrend Line
Pattern: Potential Double Top at Clear Resistance
Trigger: Bold Dark Candle
Resistance: 111.80 - 112.20
Support: 110 - 110.20

After 8 days advance, CHFJPY price slowed down and closed with a significant dark candle.
Near multiple top resistance: 111.80 - 112.20
Reversal Signal from Price Action, high R:R
Half position size since overall daily trend is upward
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