Vitezabraham

CHFJPY Sell Idea with Stop Loss and Take Profit Levels

Short
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Hello Traders!

There's a decrease in momentum in the CHFJPY pair also a recent trend line break.
If risk sentiment is leaning more toward risk off that would favour JPY buyers causing more JPY strength.

I labelled the take profit levels with the stop loss level as well.

I recommend placing a sell limit order around 120.850.

Have a great day!

Best wishes,
Vitez

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