I observe a bullish accumulation pattern, specifically an ascending triangle, on CHFJPY chart.
In a strong uptrend, this pattern typically suggests a high likelihood of bullish continuation.
The next buy signal will come from a bullish breakout above the neckline of the ascending triangle on the 4H timeframe.
A close of a 4H candle above 180.94 will confirm this breakout, with the next target set at 182.00.
In a strong uptrend, this pattern typically suggests a high likelihood of bullish continuation.
The next buy signal will come from a bullish breakout above the neckline of the ascending triangle on the 4H timeframe.
A close of a 4H candle above 180.94 will confirm this breakout, with the next target set at 182.00.
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Join our Telegram channel for daily market update 👇👇
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t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.