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Chfjpyshort

Looking to go short CHFJPY .. 13 April, 2021Let us first of all look at the weekly view Price has arrived at rock solid multi-year resistance but with some serious momentum. I am thinking of a reversal but there is plenty of room for a profitable trade in either direction. The H4 view still looks bullish. Note that price action is not the cleanest, but it is respecting prior levels for the most part. Have we reached a top? Not sure yet, but the next few H4 candles will provide better clarity. My bias is to the downside, but will let PA guide me further on. If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
Short
by Tranquilo1154
SHORT POSITIONWe are looking for short on this pair SELL CHFJPY Entry 117.52 TP1 117.32 TP2 117.04 TP3 116.54 SL 118.00 If you find this helpful and want more FREE Updates on TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ 1_GFX English Support Team ❤️
Short
by AFFINITY_MARKETS
CHF/JPY - Breakout failure.On the weekly chart , the price is stuck between two strong levels and is now moving in a range. On the daily chart , we see that the price tried to break through the resistance level, but was unsuccessful. New support levels also failed to act as a strong support zone. So, the price moves down towards the beginning of the move to retest the support level in order to make another attempt to break the resistance level. If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis . Write your opinion about it in the comments. I would like to discuss this with anyone. This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
Short
by GetSet