The808Trader
Short

Battle of the safe havens? - Ichimoku CHF/JPY Short Trade Setup

FX:CHFJPY   Swiss Franc / Japanese Yen
This pair fell before finding some price structure support right below the kumo. I am watching for a break of that price structure support in order to enter a short. I've drawn out some partial profit levels to aim for along the way as well as a longer term target, should a bearish trend develop and hold. If we fail to break price structure support , then this setup may become invalidated.
Analysis invalidated for now and not entered
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Nice set-up, I also incorporate Ichimoku Concepts in my trading :)
+1 Reply
@AGold54, Love it!
+1 Reply
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