CHF/JPY reacting on the support level. if it drops back again to the 153.200 region, to enter a bullish trade, you may want to find an entry on the lower timeframe(15mins) chart where you would wait for pin-bar candle stick then followed by a green engulfing candle stick. that is what you should wait for before placing a buy on this pair if you intend goin long. Another entry possibility is if it forms a higher low on the 15mins timeframe but don't necessarily drop to the 153.200, then that could be a bullish sign to go long.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.