Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
CHFJPY: Clear bearish price action
Swiss Franc / Japanese Yen
Short
CHFJPY: Clear bearish price action
By ASCENS10N
Follow
Follow
Jan 12, 2021
0
Cheer
Cheer
Jan 12, 2021
Price failed to break above the 117.55 levels despite multiple attempts over the past few days.
We are seeing a bearish structure form on the lower timeframe.
Expect this pair to drift lower to the next support level before the next move.
CHFJPY Short
Entry is valid as long as price is below 117.55
SL: 117.95
TP: 115.35
Trend Analysis
ASCENS10N
Follow
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
.