The currency pair, CHFJPY is currently bearish as it has broken down a descending triangle in the 4 hour chart. After we received the sigal from the 4hour chart, we went down to our 15minute chart and the 15minute chart had almost confirmed the bearish trade for us. Go sell for this currency. We will continue to be selling until the newMACD signal crosse or till we make a total of 70 pips. Our stoploss is fixed at 35.
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