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CHFJPY: Trend-Following Trading 🇨🇭🇯🇵
Swiss Franc / Japanese Yen
Long
CHFJPY: Trend-Following Trading 🇨🇭🇯🇵
By VasilyTrader
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Oct 19, 2022
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Oct 19, 2022
One more Yen pair looks very bullish:
CHFJPY broke and closed above a solid horizontal supply area.
Now, the broken structure and a rising trend line compose a contracting demand zone
from where a bullish wave will be expected.
Next resistance - 151.3
❤️If you have any questions, please, ask me in the comment section.
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CHFJPY
Forex
forextrader
fxtrading
japaneseyen
Supply and Demand
trader
Trend Lines
Triangle
yen
VasilyTrader
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