CHFJPY Shorting
Updated
Price Respected the channel resistance and is trending downwards. First pullback occurred on the last leg down to the 38.2 retracement level and then continued.
Idea here is to get in on trend downward towards channel support only if a pullback allows.
Idea here is to get in on trend downward towards channel support only if a pullback allows.
Trade active
Note
Note
According to broker trade hit SL so I am out.....It was set to 5 pips higher than decided in my analysis. So imagine my dismay. Anyway still watching the trade for documentation purposes.Trade closed: target reached
Target reached but see comment above
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