CHFJPY is currently trading within an ascending triangle formation.
118.0 level is its horizontal resistance.
To catch a bullish move, wait for an hourly breakout of the underlined level.
Then buy aggressively or on a retest.
Goals will be:
118.25
118.45
In case of a bearish violation of triangle's low, the setup will be invalid.
Note
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Related publications
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.