CHF/JPY: Good levels of short positions

CHF/JPY: Daily schedule – downtrend
Price below diagonal resistance
Price aciton: Dodge and 2 equal tics, false breakout of diagonal resistance – possibly drop

50/200MА: 50 under 200, a price below 50 – negative signal
CII (50) below 0 – downward movement remains in force

SL: 105.450

Alternative scenario: If the price crosses above the shadows of the past 2 bars, it will spoil the negative trend.


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