Emerging Channel Up pattern in its final wave was identified on the CHF/JPY 30 Minutes chart. After a strong bearish run, we find CHF/JPY heading towards the upper triangle line with a possible resistance at 170.2741. If the support shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
Want to get full Autochartist Access including the Autochartist Market Scanner for MetaTrader, Market Report Emails,Autochartist Mobile App, and the full Autochartist Web App?
Subscribe here: ChartViper Subscriptions
Join us on Telegram