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CHFJPY Short
Swiss Franc / Japanese Yen
Short
CHFJPY Short
By Edgezone
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Aug 9, 2024
4
Aug 9, 2024
The current weakness in the CHFJPY shows no end.
Opportunity for a trend continuation trade with over 2R potential.
4 hour MACD turns negative on histogram, volume delta negative.
4 hour Value Zone is currently attacked.
Enter Short <= 169.20
OR 4 H Close < 169.50 (Value Zone 4H)
Stop >= 170.35
Target at weekly and monthly levels.
166.50
Aug 13, 2024
Note
Short entry level still valid
Chart Patterns
CHFJPY
Technical Indicators
opportunity
short
Trend Analysis
trendcontinuation
Edgezone
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