瑞士法郎 / 日圓
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CHF/JPY Trade Idea

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Hello and welcome to my Trade Idea of the currency pair CHF/JPY.

Lets start with the Top Down Analysis.


Monthly: On the monthly timeframe we see bearish momentum.


Weekly: There is a huge bearish candle after the long bullish pullback. We are bearish from now on.


Daily: I think the price will break the inner counter trendline and react to the outer counter trendline. As a result, he will retrace himself from the outer counter trendline and then he will break through the outer counter trend line.

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