Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Short on CHF JPY
Swiss Franc / Japanese Yen
Short
Short on CHF JPY
By michelrheaume
Follow
Follow
Jun 8, 2016
4
Jun 8, 2016
Base on wave theory and the Fibonacci theory, CHF JPY should reach the 128,00 extension.
It will most probably stay between the dark blue line and the lower light blue line.
It still could go up to the higher light blue line, so don't lower your stop loss too fast.
The red lines are highly possible resistance level where the price could go from the lower blue line to the dark blue one.
If you found my idea useful, please put a like and subscribe!
Comment if any questions!
Good trade!
CHFJPY
Fibonacci
short
wave
wavetheory
michelrheaume
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
.