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CHFJPY: Bullish Setup Explained 🇨🇭🇯🇵

Panjang
Franc Swiss / Yen Jepun (OANDA:CHFJPY)  
VasilyTrader  
OANDA:CHFJPY   Franc Swiss / Yen Jepun
Multiple Time Frame Analysis Support and Resistance Candlestick Analysis priceaction priceactionanalysis priceactiontrading priceactionstrategy CHFJPY swissfranc yen japaneseyen
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mtfa supportandresistance candlestick priceaction priceactionanalysis priceactiontrading priceactionstrategy chfjpy swissfranc yen japaneseyen
snapshot

CHFJPY has recently broken a key daily supply area.
The broken structure turned into a demand zone.

Approaching that, the price formed a double bottom formation and broke its neckline then.
I opened a long position early in the morning on a retest.

Now a bullish continuation is expected to 142.7 / 143.05

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