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Timonrosso
Mar 6, 2023 7:25 PM

Swiss Franc to yen looking good for upside to 151.48 Long

CHF/JPYOANDA

Description

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
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