CHF/JPY: Sell setup, check out why

By SwissPips
Updated
Hi guys,

I am currently looking at CHF/JPY which I think could be a good candidate for a sell.

We have got heavy clouds above the price suggesting the resistance is strong.

A Multi timeframe analysis shows that the sell is still ongoing and could accelerate in the next hours.

As soon as the current structure breaks to the downside, I will sell and will target the median line. Please check my chart for further details.

If you like my work, please show some love ;-)

Trade with care.

Cheers

Jesse
Trade active
My target is around 110.880
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Added some shorts.
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Thick KUMOS on M15 as you can see

snapshot
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Adding to my shorts
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Someone’s in
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?
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Nice pullback.

Shorting again the pair.

New Target 110.830

snapshot
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Pullback looks over
Trade closed: target reached
Bearish PatternsChart PatternsIchimoku CloudSELLTrend Analysis

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