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asiansupermarket asiansupermarket CNHJPY, 60, Long ,
CNHJPY: CNHJPY 1hr 1month wedge breakout to the upside
31 1 0
CNHJPY, 60 Long
CNHJPY 1hr 1month wedge breakout to the upside

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.

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