CHFJPY hit towards strong trendline, push towards high

11 Şub 2020

I have a bullish analysis on the current structure CHFJPY has made so far, price is at a somewhat strong trendline. we'll enter the buy now as the spinning top candle that was just formed looks promising. If we get a breakout of the trendline within the next 12-24 hours, the trade will not be valid anymore and we'll close it to start the bearish trend towards the low.

CHFJPY BUY
start: 112.293
stop loss: 111.943
take profit: 113.952