Looking for next higher low in current CHFJPY uptrend.
Ongoing uptrend since 8 May 19. Two support levels, 108.400 and 108.646 - possible levels for next higher low. Then looking for a long entry, e.g. RSI break upwards across trendline.
Note
Possible new LH.Note
Obviously the new HL panned out just below the SR @108.400 and the uptrend continues. I’ll be looking for a reversal and a counter trend trade soon – looking for a break in the RSI and the PA.
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