Swiss Franc / Japanese Yen
Short
Updated

CHF JPY TECH TECH

508
It is the most interesting situation for me this week on market.
We got strange moves here and this is my technical analysis.
H2 Chart the price is in trouble strong resistance and its looks like this resistance are very strong.
Also, the price is now in an upward channel weekly but it looks like to check the lower level of this channel maybe.
This Downside Line in the third one is pretty important!!

The conclusion is it is a good time to Sell but not the BEST. :)
My prediction is Short until the price of 124.447
It is a total of 90 Pips from this point now.

What do you think? Have any idea?

FxCROWN
Trade active
Note
snapshot
Trade closed: target reached

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.