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Swiss Franc / Japanese Yen
Short

Sell CHF/JPY

By SJFXT
Updated
Price looks like its struggling to break through the key level, after momentum was lost yesterday, and price reversed to the downside, this looks like a pullback before further downside momentum continues. As the Asia session is close, and yesterday they bumped the yen, I expect more of it to continue.
Trade active
Sell is active, we have now broken through 160.233 which was my retest area, i expect it to push back up to this level before NY session kicks into play, and then further continuation to the downside. Hope all of you got in.
Trade active
Just as predicted, price goes back up to a little higher than 160.233 just during NY open and then continues to the downside. This may come back and retest one more time, but if it does might be a good position for re-entry. Still do this going all the way down to 159.00 / 158.700
Trade closed: target reached
BANG! Continuation towards the downside as predicted. I personally have closed here, we have secure almost 130+ pips with this one move alone, so i am happy with closing here. If you wish to hold and continue the analysis is above. Hope some of you followed. Have a good weekend!
Chart PatternsCHFJPYForexTechnical IndicatorsjapaneseyenshortsetupswissfranctechincalanalysisTrend AnalysisDJ FXCM Index
SJFXT
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