CHFJPY Short Trade Idea

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#FOLLOW4FOLLOW

Looking at CJPY, it appears to have formed an ordinary bearish channel satisfying and validating both trendlines
with three touches each. This then encouraged a 5 wave motive move made up of three spikes and 2 exhaustion moves.
I am looking to trade the completion leg of this pattern upon the validation of wave 3 - 4.

Targets:

@ 108.800
@ 107.600
Trade attivo
Trade is active
Ordine annullato
Trade hit my SL. This invalidates the 5 motive move as price has moved above the 38.2% fib retracement
Chart PatternsTrend AnalysisWave Analysis

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