Swiss Franc / Japanese Yen
Long
Updated

Potential Long

63
How to Trade with Lo

T.S.E.E checklist for CHFJPY

1) Trend:
-----Daily -> DOWN
-----4 Hourly -> DOWN

2) Structure: 122.963 < level < 113.079

3) Entry Reasons:
-----a- Double Bottom (4 hour Chart).
-----b- RSI Bullish Divergence (4 hour Chart)
-----c- Might Complete the inverse Head and Shoulder (4 hour Chart)
-----d- Price is at Daily Support.

4) Execution (60min or 15min):
-----a- pending/waiting
-----b- pending/waiting
-----c- pending/waiting

Watch out:
-----Comments: My Belief is that the price will come down to make a double bottom, stop hunt the low of the week then start flying.
-----News: No major news for this pair in the coming week.
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snapshot

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