EliteTradingSignals

CHF/JPY BULLS ARE GAINING STRENGTH|LONG

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Hello,Friends!

CHF-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 169.414 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CHF/JPY pair.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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