Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
CHFJPY DAILY DOWNTREND CONTINUATION
Swiss Franc / Japanese Yen
Short
CHFJPY DAILY DOWNTREND CONTINUATION
By ADAMMAC
Follow
Follow
Jun 21, 2016
6
CHFPJY has been following a continued downtrend since July 2015 and it appears that it is to carry on that trend.
MA's all confirming the continued downtrend.
A weekly close below the critical level will confirm my short entry.
Watching out for price action at these key levels, looking for signs of reversal to invalidated the trade.
Looking to enter below 107 following a clear break.
***Always assume the markets are fighting against you***
CHFJPY
ADAMMAC
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
.