Ascending Triangle
CHFJPY is sitting on the Support Trendline, also we have RSI was supported.
Overall we have an Ascending Triangle forming so the pair might retrace and retest the Horizontal Resistance Zone around 114.650.
Scenario gets invalidated if we have a confirmed breakout of the support trendline.
Good luck to you!
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This idea does not provide the financial advice.
Overall we have an Ascending Triangle forming so the pair might retrace and retest the Horizontal Resistance Zone around 114.650.
Scenario gets invalidated if we have a confirmed breakout of the support trendline.
Good luck to you!
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
Trade closed: target reached
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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.
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.