瑞士法郎 / 日圓
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CHFJPY will continue its bearish move -200 PIPS OPPORTUNITY

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CHFJPY is in a downtrend and is expected to continue it, with a bearish engulfing candle on H4 it provides a confirmation , there are two possible scenarios in this case.

Scenario #1:
it will continue its bearsih move.
Sell CHFJPY if H1 closes below 139.35, take profit: 137.50, stoploss: 140.80

Scenario#2:
pair might retrace an test trendline resistance around 140.20 area.
Sell around 140.20 area , takeprofit: 137.50, stoploss:140.80

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