CHFJPY is almost at a crucial spot of the trend-line. Friday Daily candle closed as a continuous pattern candle after it tricked people to appear as with the reversal bar candle but melted down. All I see now is a continuation of short positions, it will break the trend-line, retest and shoot down to the next support line as arrowed in the chart.
Trade with caution at this point, short the remain position to the trendline and stay out until market decides next move.
Good luck Guys!
Trade with caution at this point, short the remain position to the trendline and stay out until market decides next move.
Good luck Guys!