Ascending Triangle formed on CHF/JPY It kind of looked like a Cup and Handle but the handle was quite V shape. Instead I looked at the rising lows and how it hit the same highs. Now that the price has broken up, we can expect buy side liquidity to continue. 7>21>200 RSI >50 - Bull divergence Target 151.48
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.