Stock presents a bullish technical scenario. REASONS
-breaking the bearish downtrend maintained since March 2018.
-Inverted Head & Shoulders on smaller TF
We could see the price heading to close the GAP in the 58's region.
Justification of long CHFJPY position:
-Price ranging in the lower area of the linear regression channel.
-Momentum indicator just about to cross on the positive side.
-Price just crossed 14EMA and if you added 3 more EMAS (4,18,40), we would see a formation described as "ema's death cross" starting to take place, where 18 an 40 range parallel and 4 sharply...