After experiencing a significant upward movement in the past year, the currency pair CHFJPY is now showing clear signs of weakness.
Particularly noteworthy is the pronounced bearish On-Balance Volume (OBV) divergence on the daily timeframe, giving hope to CHFJPY bears.
The presented short idea presents an attractive risk-reward ratio of approximately 3:1.
Particularly noteworthy is the pronounced bearish On-Balance Volume (OBV) divergence on the daily timeframe, giving hope to CHFJPY bears.
The presented short idea presents an attractive risk-reward ratio of approximately 3:1.