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Profound_Ambition
Oct 15, 2017 10:44 PM

CHFJPY 4H Short

Swiss Franc/Japanese YenFXCM

Description

Price came out perfectly, 4 hour uptrend line broke last week then price came up to retest broken trend line. Looks ready to go short now as price is testing the 61.8 fibonacci level now. If we can get a close below I will be taking this short..

Comment

took it short, stop loss at 113.320 above the 200 EMA

Comment

38.2 fib rejected on the daily view
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