In a floor above the range of 137.512 A: We are building a floor in the form of a triangle pattern in the range of 139.543 to 142.344.
Now we are exactly on a static resistance area of 142.438. It is expected that by breaking it, we will experience a growth of up to 50% of the triangle pattern up to 143.859 area, which will be exactly on the static resistance...
#CHFJPY Hello trader, I hope are good and safe. Today I opened the chart of #CHFJPY for 4 Hour and analyzed it then I see that this chart has made a DOWN TREND, So I hope #CHFJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
CHFJPY
Short Setup
Continuation trade:
👉🏻 BEAR BEAR BEAR. All signs are leading to the downside. My only exit is when price breaks above that major zone in purple. Now all is a retracement pointing to further crash.
CHFJPY
Short Setup
👉🏻 Price failed to close above major zone (marked in purple) on Friday's market close. Possibly a fake out to lead price lower to respective areas.
CHFJPY
Short Setup
- Price broke down off the rising wedge
- Corrective expanding triangle in play
- Potential more downside movement with target shown
