CHFJPY SHORT SWING TO 106.50-106.00 AREA

CHFJPY has been rejecting the 109.50 area and has broken a CTL in the SELL zone the next support area is around the 106.50-106.00 area which was the low from the flash crash last December. Stop should be place above the pivot level but overall great risk to reward 1:5.

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Kommentar:

Closed with profit trail stop hit

Trade ist aktiv:

Market just gave another opporuntity to SELL down to three levels 109.5, to 108.00 to 106.50 stop loss is only 40 to 50 pips around 110.60 area which is the up trend line