CHF/JPY Plausible price action
Falling channel and divergence with the RSI on Daily chart is a typical sign for a bullish market. There is also a great RISK/REWARD ratio. The RSI was oversold and now is gradually raising while the price keeps falling down. The RSI's upside wedge is a great sign but we can wait for the chart to hit the supporting line and then execute a buy purchase.
*Disclaimer: this is for educational purposes only*
*Disclaimer: this is for educational purposes only*
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