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FX-TradingLions
Nov 6, 2023 2:20 PM

CHFJPY COULD BE A GOOD BUY  Long

Swiss Franc/Japanese YenFXCM

Description

A strong trend upward, and a recent wedge broke out seems likely to re-test the previous pivot resistance or full wedge price action to take profit level. Moving averages at the bottom cover our stop loss. 12-hour hour-recent break of 20 ma shows bullish pressure, likely to re-test previous daily resistance.

The pair has been bullish for quite some time, it can't trend forever however the opportunity still seems to be there so we are taking it. ✅📈
Comments
Ibenathi
I have been holding since last week, its going bezerk
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