A chin that recedes shows an inherent impatience. You have trouble hanging in there with slow-moving, drawn-out situations. If it can't happen immediately, it hard to keep on keeping on and slogging your way through the molasses of life. You tend to get frustrated with things that seem to have no end and walk away not realizing success might have been just a little further down the road.
Its a great trait to have when in situations that require a light touch and move on, but a real challenge to manage in matters that require a steady push and great determination.