We are looking to take a Daily swing short with CHFJPY based off multiple confluences. We broke uptrend channel waiting for retest, a Fibonacci retracement of 61.8%, and point of contact of outer downtrend channel.
Note
Passed ideal correction of 61.8%. We have now bounced off 71% for another chance at a short.
JPC
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.
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.