CHFJPY – Bullish Market Structure 1H Analysis

Wait 5 sec.

CHFJPY – Bullish Market Structure 1H AnalysisCHF/JPYOANDA:CHFJPYanumurooj2020CHFJPY remains bullish on the 1-hour timeframe after breaking out of a prolonged consolidation range. Price has established a clear Higher High (HH), confirming bullish market structure and signaling continued buying strength. Market Structure Consolidation phase has been completed with a bullish breakout. A new Higher High (HH) has formed, indicating trend continuation. Current pullback is expected to create a Higher Low (HL), which could provide a favorable continuation entry. Bias: Bullish