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Wave-Trader
Jul 21, 2016 8:44 AM

Long standing channel Holding  Short

Swiss Franc/Japanese YenFXCM

Description

I am expecting wave down from channel trend line.

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Enjoying Yen pairs

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I am expecting sell setup under trend line. Break above the trend line will invalidate idea.

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For detailed analysis Look at this updated idea please
Comments
sketchmaster
chfjpy - could thih be the bottom (long term), after last move down... see the 61.8 fibs

Wave-Trader
Bottom will only be confirmed when this descending channel will breakup with strong bullish move mate
sketchmaster
ok, thanks :)
Wave-Expert
Thanks for ideas !!
immawin
HI how and where did you learn all this? are you self taught? or did you take any courses?
Wave-Trader
PM me for this answer mate
HustleSeason
Not the right graph, you updated eur/jpy not chf/jpy if I understand it correctly :)
Wave-Trader
Thanks for correcting me mate
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