My point of view concerning CHF/JPY , for the next week :) .. wait for a good signal
Broken structure to the upside on 4hr timeframe... retest to the 38.2 Fibonacci price reversal zone level... nice sellers exhaustion wicks forming on the 4hr with a nice bullish engulfing candle forming
text book break out... snappy 22% profit to be made with a 1:3.5 reward ratio. Enter if price continues north $3.16
Gapped up. MAs crossing, indicators +ve, bullish candle & respecting support.