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kacim_elloitt

CHFJPY Wait For Breakout !

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
kacim_elloitt  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CHFJPY chfjpyshort chfjpyanalysis chfjpysell chfjpysetup chfjpyforecast chfjpyidea chfjpysignal chfjpytrade
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trendanalysis chartpattern waveanalysis chfjpy chfjpyshort chfjpyanalysis chfjpysell chfjpysetup chfjpyforecast chfjpyidea chfjpysignal chfjpytrade
CHF-JPY is going up in a rising narrowing wedge
It has retested the horizontal resistance level at 133.220
Which makes me bearish on the pair
But we can go short only IF
We see a bearish breakout from the wedge
If the resistance is broken to the upside
The setup is invalid
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