On CHF/JPY we have a Downtrend line, with the possibility of a false breakout, because of the moving average of 200 periods above, this it'would be our entry, our stop is in 61% of the Fibonacci retracement of the bearish wave and the target is an accumulation in a important previous fund.
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.