Franc Swiss / Yen JepunPanjang
CHF/JPY...Bullish Posibility
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.
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.
Penafian
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