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Cecil015
5 พฤษภา 2021 เวลา 23 นาฬิกา 51 นาที

CHFJPY analysis  

Swiss Franc/Japanese YenFXCM

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Today's Analysis
Bias: CHFJPY will surely touch a few times inside the bearish wedge; Precisely forming a double bottom before breaking out. (Neutral)
Reason: As noted from the higher timeframes, CHFJPY broke previous high to form a new one, henceforth we should be getting a test of the previous high before continuing in the LONG direction as the relative textbook definition of retest.
Entry(Scalps): Entry upon every touch of the trendline.
Entry(Swings): Entry upon retest of previous market structure.

Enjoy Your Day.


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