CHFJPY Short Trade Setup

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A short trade opportunity recently presented itself on the swissy-yen trading chart 📉.

This is indicated by the bearish harami candlestick 🕯️ pattern on the 166.691 horizontal resistance level.

This indicates a fakeout of the same level, with potential price move in the downward 👇 ⬇️ direction.

Sufficient downward momentum should see price dumping towards the 161.000 psychological level and possibly testing the strength of the 159.903 horizontal support level.

As always, please apply appropriate risk management.

Happy trading!

#CHFJPY #swissyyen #shortsetup #bearishsignal #sell #trading #crosspair

Feragatname

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