HMI

Possible Short CHFJPY setup in the next 24-36 hours

Short
FX:CHFJPY   Franc suisse / Yen japonais
This is not one of my most reliable pairs so i am not looking to take this as a reversal trade but it has good HTF confluence i will look for a High probability area valid trade setup.
Price is at a good sell zone on the daily
3rd touch Daily trend line
Corrective ascending 3rd touch 1h/4h wedge @ the 3rd touch daily

I will wait to see a clean impulse down and out of the ascending wedge.
Then a correction will need to form to confirm the downside breakout.

I'll look to take a short position said correction.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.