Lay-Z

$$CHFJPY Possible Shorts (Im' in) Week(35'16)

Short
Lay-Z Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
3
$$CHF/JPY, Structural Price Has Been Holding Weight,Similarly With USD/JPY,
We Can See CHF/JPY Rejection A Numerous Amount Of Resistances.

As Stated On The Above Chart You Can See CHF/JPY Rejecting Three Resistance Confluences, As The Two Trend-lines
& The 50% Fib Ratio Has All Held Weight.

Price Is Currently Above 2 Support Area I Have Identified Which Is The Support Trend-Line & Support Area Based Around 105.407.

I Will Only Be Looking To Get In Shorts IF Price Closes Below
105.407 On THE 4HOUR TIME FRAME (CANDLE CLOSE)
Comment:
One Position Closed For 60Pips As Price Has Hit TP1 Target
Another Riding AT Break-Even
Trade closed manually:
Second CJ Position Closed @Plus 45pips For A Total of 105Pips, As Prices Has Failed To Break The Area Which Was Pos
Comment:
< Press Play & Watch USDJPY Bounce Of Support

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