Lingrid

Lingrid | CHFJPY fake BREAKOUT. Long

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FX:CHFJPY   瑞士法郎 / 日圓
The price perfectly fulfilled my last idea. It hit the target. CHFJPY is pulling back to resistance after bouncing off the support level and channel border. I think it will move upward because it made a fake breakout of the previous low, and the main trend is bullish. The market broke the previous structure support level, then quickly returned above it. I expect the price to roll back to support from the resistance and upward move to retest the trendline and resistance. My goal is the resistance level at 170.800


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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