SHORT CHF/JPY

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Pretty precarious short trade on the Swiss/Yen. The years long uptrend has been exhausted for ages, but with the Yen's across the board weakness, price has steadily climbed. I entered a short on the 28th and added a lot on the 29th. Technically, I did get a signal from my indicators, but they haven't did very well against any Yen pairing as of late. We'll see how this goes.
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This trade has worked out spectacularly. Currently up +1300 pips across three lots. I will reduce and lock in some profit as I anticipate some significant retracement on the horizon.
Chart PatternsCHFJPYForexfxshortSupply and DemandswissTrend AnalysisTrend Line Breakyen

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