CHFJPY short

Updated

If i see the green support zone break, i will try a short here. I will wait a bit to see if it does not wick back up again. The 5m chart can help with this.

Previous analysis:

CHFJPY long term and short term play, Part 2

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Made a small trap move but eventually got dumped. Now safe to move stops towards entry or around 110.150ish

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I am closing half at the yellow circle

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First target reached, i personally just missed it on 2 pips (was not at home to see it :( ). So i am going to close half at the target or use that red zone on the right as a stop for half of it. The rest will stay at the entry.

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I have closed half now and moving stop for the rest to the red zone.

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A bit late, but i moved the stop to the new red zone now, looks like it might break now. Ensuring more profits here. Simply to much resistance from the bulls.

botje11

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