Downloading...
Swiss Franc / Japanese Yen
Short
Updated

CHFJPY

211
giving Bearish Evidances According Price Action

Over All Moving In Ascending Broadening Wedge In Daily Tf

Recently Brokes Ascending Channel Too

Now Forming Symatricsal Triangle + Printed Massive Bearish Divergence Too

Lets Summyrize thses Evidances

chfjpy was in strong uptrend since very longtime

right now price actiom showing sighns of trend reversal

the only thing we needs is breakout of symtcl triangle to the downside then you can sell for minimum 800 pips( lower trendline test)
Note
snapshot

in shoter tf we needs horizantal support breakoutb too for perfect entry
Note
snapshot

moving towards target 350pips = profit so far

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.