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ThulaniMtetwa

CHFJPY: Long

Long
Swiss Franc / Japanese Yen (FX:CHFJPY)  
ThulaniMtetwa  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns chfjpylong
5
2
trendanalysis chartpattern chfjpylong
IDENTIFY: Price is in the buyer's territory, not convinced by the attempt to break the HL that started the move to the recent HH.

PLAN: So looking at going long, because of the daily bias of the trend to the upside.

TRADE: Place Buy Stop order, anticipating buyers to step in again.

NB: Use risk management to determine the Stop Loss and Take Profit
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