FX-TradingLions

CHFJPY COULD BE A GOOD BUY

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FX:CHFJPY   瑞士法郎 / 日圓
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. ✅📈

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