Shorting the recent bullish move move in the established downtrend of CHFJPY.
Low volume on bullish move = weak momentum
RSI needs to cross through the middle line
ABC corrective pattern needs to complete around 109.50
Entry at 109.5
Stop at 110.5
Profit at 105
Low volume on bullish move = weak momentum
RSI needs to cross through the middle line
ABC corrective pattern needs to complete around 109.50
Entry at 109.5
Stop at 110.5
Profit at 105