Chf/Jpy broke trendline and rejected fork. In what looked to be corrective move, but this last push was fairly aggressive. London close looming. These are the kinds of places to get tight entries but better to wait for some sort of confirmation.
Note
going nicely. Came back up to test fork went down with force. EJ produced a BEAUTIFUL sell setup this morning. This Chfjpy trade is potentially massive but a risky pair, I'm all for taking profit whenever you feel like.Note
Keep in mind all the yen pairs may be starting a downtrend, possibly. It is possible chfjpy comes all the way down to break the low. I go over it in my forex update video I did Friday mid New York seesion.
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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.