CHFJPY short

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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
Nota
Made a small trap move but eventually got dumped. Now safe to move stops towards entry or around 110.150ish
istantanea
Nota
I am closing half at the yellow circle
Nota
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.

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

istantanea
Nota
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.

istantanea
Beyond Technical AnalysisChart PatternschfCHFJPYjpyJPYCHFTrend Analysis

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