Looking at the CHFJPY market’s price action today, an obviously strong bullish trend in montion here which has been stepping up higher with the HH, HL pattern. The market has just retraced into a daily swing point and the trend mean value, this area on the chart is what the Price Action Protocol identifies has a hot spot. A bullish rejection candle has formed in the chfjpy hot spot and we are looking for breaks higher to confirm bullish momentum. If the signal candle breaks higher we could see another stretch up on this bullish trend.