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Carl_G
Feb 10, 2016 2:34 AM

CHFJPY: A CHANGE IN INVESTOR SENTIMENT  Long

Swiss Franc/Japanese YenFXCM

Description

The description is on the chart.
If you are interested in learning more about this approach to trading you can visit this link to find out more:
youtu.be/1fB3EF7XeXU

Good Luck and Happy Trading :)

Trade active

1) If price closes back below the T-Line I am right back out of this trade.
2) I am staying in the trade for as long as the pice is trading above the T-Line and showing no signs of reversal.
Comments
Carl_G
The T-line crunch is a common bullish indicatorthat indicates when a potential breakthrough is about to occur.
Also, it visually demonstrates that the bears cannot knock the trading levels down through the T-line.
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