💡Don't miss the great sell opportunity in CHFJPY

11 Dis 2020

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (117.40).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CHFJPY is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 24.

Take Profits:
TP1= @ 116.65
TP2= @ 116.35
TP3= @ 116.00
TP4= @ 115.35
TP5= @ 114.70

SL: Break Above R2

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