TerryHarmonicTrading

CHFJPY - Bearish Shark short just above Oct high

Short
TerryHarmonicTrading Mis à jour   
FX:CHFJPY   Franc suisse / Yen japonais
Hey guys, just an update on CHFJPY.

I am watching this bearish shark short just above Oct high around 106.70- 107.80.

This is not the best kind of setup as I could not draw any ED channel on it.

However, I am predicting a false breakout on this pair where I can short with confidence.

These are the criterias I will monitor before entry

1. RSI divergence
2. Candlestick reversal at PRZ

Good trading guys, do not short too early.

Will keep you guys updated!
Transaction en cours:
Got in at 106.70 yesterday. Currently running at +70 pips. Holding on to 104.60.
Commentaire:
Check out my gameplan for week 44 here

bit.ly/2fdrCyu
Trade fermée: ordre d’arrêt atteint:
Hit SL - 70 pips.

Classic case of trying to be too greedy before a big news event.

From 100 pips profit to 70 pips loss, I learnt my lesson for November.

Reminder to self, always take some profits at the 38.2 retracement of the C-D leg.

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