Looking for next higher low in current CHFJPY uptrend.

14 Haz 2019

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.

18 Haz 2019

Not

Possible new LH.

22 Haz 2019

Not

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.