CHFJPY Sell Set Up

Jun 26, 2022

Hello all! Can you tell that I love JPY pairs? I like to analyze charts on the weekend and here's my analysis for CHFJPY. It seems like on Friday it's created a lower high as seen on the trend line. I'd love to see the price come back to the trend line and create another lower high before falling to that support zone. HOWEVER, if that doesn't come true then I will wait for the price to break through support and close below the zone. If Price does this, I will enter the sell with my SL at the previous lower high and sell all the way down to the next support level.