Hello Traders
It seems CHF/JPY has potential to move higher.
Here is why:
1- upward trendline in RSI.
2- Price is moving inside of big ascending channel.
3- Price has broken correction channel(small channel).
4- Price has broken a bullish pennant pattern.
But before that price and RSI need some corrections.
If price breaks and stays below 141.00, then our view gets invalidated.
If you like it then Support us by Like, Follow and Share.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
It seems CHF/JPY has potential to move higher.
Here is why:
1- upward trendline in RSI.
2- Price is moving inside of big ascending channel.
3- Price has broken correction channel(small channel).
4- Price has broken a bullish pennant pattern.
But before that price and RSI need some corrections.
If price breaks and stays below 141.00, then our view gets invalidated.
If you like it then Support us by Like, Follow and Share.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)