CHFJPY short - a great (or a failed) tradeSwiss Franc vs Japanese YenICMARKETS:CHFJPYTranquilo1154This could be too early and a mistake or it could pay off very nicely. But the setup is valid and if I get stopped, I'll be looking for a conservative (breakout/retest) entry. Long uptrend followed by a long consolidation (accumulation) period. 2 consecutive bearish candles with a wick rejection on the upper side. The 50 ema seems to be acting as dynamic resistance now and the structure is bearish. (on D1 and H4). I have taken the trade now and you can see the potential it provides. Well worth the risk IMO. This is not a trade recommendation