Hi Traders Possible Reversal On CHF/JPY

Hi Traders

CHF/JPY (Daily Timeframe)

A high probability, entry to go SHORT is forming @ 116.154 after the market found resistance @ 117.772. Only the upward break of 117.772 would cancel this bearish scenario.

Trade details:

Entry: 116.154
Stop loss: 117.772
Take profit 1: 115.199
Take profit 2: 113.581
Take profit 3: 110.944

Score: 6
Strategy: Bearish Trend Reversal