Hey traders. As expected, we have a down trend which there's a possible double bottom to be formed. As one can observe that CHFJPY found resistance from the broken support. Hence, I'm expecting another rejection to go short to our previous support where the possible double bottoms reversal pattern might be formed before reinstating long. On this medium short signal, enter @ 109.067 with SL @ 109.965 & TP @107.843
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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.