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jcooke11

short short

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
jcooke11 Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
SHORT SHORT
Trade active:
*BREAK OF THIS BOX ENSURES DOWN TREND - this box a daily major support area. Once this has been broken and retest, then we will know that everything from here is short and this area will be the new resistance area.
Comment:
* Bounce on the blue line - this represents the daily close on Oct 23 and a fib level just below the 0.618 level. From here we should see some buy opportunities for retesting the new resistance area that was created at 116.400
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