Lingrid

Lingrid | CHFJPY Potential selling OPPORTUNITY at KEY resistance

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
The price perfectly fulfilled my last idea, and it went up towards the resistance and hit TP. The price is overall in the range phase on the 4H timeframe, and currently it is pulling back to resistance after a massive sell-off or impulse leg. I think that the price might fall from the key resistance zone around the 170.000 and upward trendline as well as the upper border of the downward channel. I expect the price to roll back to the support level and retest the middle of the range zone below. My goal is the support level 168.000


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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