TheGrove

CHFJPY → Trade Analysis | SELL Setup

Short
TheGrove Aggiornato   
FX:CHFJPY   Franco svizzero / Yen giapponese
CHFJPY is currently testing a previously broken horizontal support level, which is now likely acting as resistance following the breakout.
To confirm the bearish trend, I have observed a horizontal range on the hourly chart and a bearish breach of its support level.

Is moving in an ascending channel, move to the resistance level and We expect a decline in the channel after testing the current level.

Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CHFJPY
I still did my best and this is the most likely count for me at the moment.
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