$CHF/JPY, Structural Price Has Been Holding Weight,Similarly With USD/JPY, We Can See CHF/JPY Rejection A Numerous Amount Of Resistances.
As Stated On The Above Chart You Can See CHF/JPY Rejecting Three Resistance Confluences, As The Two Trend-lines & The 50% Fib Ratio Has All Held Weight.
Price Is Currently Above 2 Support Area I Have Identified Which Is The Support Trend-Line & Support Area Based Around 105.407.
I Will Only Be Looking To Get In Shorts IF Price Closes Below 105.407 On THE 4HOUR TIME FRAME (CANDLE CLOSE)
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One Position Closed For 60Pips As Price Has Hit TP1 Target Another Riding AT Break-Even
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Second CJ Position Closed @Plus 45pips For A Total of 105Pips, As Prices Has Failed To Break The Area Which Was Pos