Hurray... wolves🔥
There is an ascending triangle on CNHJPY.
There was a strong bullish sentiment before.
Now it seems like possible breakout of resistance zone has been done.
Follow the chart and look for the best price to enter carefully.
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Similar to the NZDUSD breakout play; we have consolidation along the upper edge of the wedge. This is a clear indication of impending breakout to the upside.
When the price hits that first moving average we will move the stop up to break even to lock in potential losses.
