CRO has broken out of the descending channel on the 4H chart. However, it would be best to wait for a close above it on the D chart for confirmation. CRO appears to be heading for a breakout of the descending triangle as you can see that the price is gradually making lower highs which tells us that the sellers are starting to gain some ground against the buyers. This trade would yield a good RTR for us as the take profit is at the next area of support which is also roughly the height of the triangle.
