• Vasily Trader

CHFJPY: Structure Based Long (forecast)

🟢CHFJPY reached a strong daily structure support yesterday.

the price was steadily falling within a falling channel and once the key level was reached,

it formed a double bottom formation and violated the channel's resistance.

now bullish continuation is highly probable.

if you missed long, consider the local demand area between a broken channel and the last lower high level.

for now, it is a local demand zone .




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