Hello everyone, it's a new week and I'm grateful for the success of the trades we took last week. And now for this week I'm looking at CHFJPY.

1)On the daily chart, it is obvious that it has begun a downward trend which looks long-term and it has stalled around the 109.41 and 109.25 areas for about two days, the previous two days were even still around that area. I believe this stalling is just a "pause" in the downward trend and it is about to continue it's downward trend.

2) On the H4 (4 hour candles chart) it has formed a slightly ascending channel and the stalling or pause (if you may) is VERY obvious on H4.

So, I'm looking to join the downward trend it started last week.

The close below 109.41 would now expose 109.25 and a close below 109.25 would expose 108.97 and much more.

Let's watch this!

Disclaimer: this is not an invitation to trade the Financial Markets, I am just sharing my view.
Thank you.

Finally, my profit Target has been hit!

I'm still in this trade for more profit...

Confirm real-time if you don't believe me!