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CHFJPY: Trading Plan

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
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FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns Forex trading Technical Analysis chf jpy CHFJPY swissfranc yen japaneseyen
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trendanalysis indicator chartpattern forex trading technicalanalysis chf jpy chfjpy swissfranc yen japaneseyen
snapshot

CHFJPY has reached a strong resistance level on 4H/

formation of a double top pattern and rsi divergence leave us a clue that bulls are exhausted.
bets are high that we see a strong bearish reaction from the underlined resistance.

our confirmation will be a bearish violation of minor support on 1H.
Wait and sell the market after a bearish violation of 109.9 support.

our target levels will be 109.7 / 109.5

good luck!
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