CHFJPY - Strong Reaction on the Moving Average
CHFJPY
The price has been rejected by the green moving average and we still have a bearish setup on the market.
The price also formed important candlesticks that show the reaction of the sellers with a possible change of the short-term direction.
Short Trade
Entry: 111.10
Stop Loss: 111.30
Take Profit: 110.75
RR = 1:2
The price has been rejected by the green moving average and we still have a bearish setup on the market.
The price also formed important candlesticks that show the reaction of the sellers with a possible change of the short-term direction.
Short Trade
Entry: 111.10
Stop Loss: 111.30
Take Profit: 110.75
RR = 1:2
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