CHFJPY Long Setup Long

Swiss Franc/Japanese YenFXCM

Description

⋅ Jul 5, 2021 7:39 AM

Trend: Short term bullish
Structure: Horizontal resistance

Plan: We see a short term bullish trend on CHF JPY. Price has pulled back to a level of support. We expected a bounce to the upside with TP at previous high.

RSI/Stochastic confirmation needed before entry.