CHF/JPY continue with the Downtrend
On CHF/JPY is nice to see strong sell-off from the price 147.58 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong rejection of higher prices +Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong rejection of higher prices +Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
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