JP225: Rising Triangle – Action Forex

JP225, Daily

In the Daily timeframe, JP225 has formed an ascending triangle pattern, and the price is testing the upper boundary. Parabolic SAR indicates the beginning of the upside, which makes it possible to expect a rise.

• It is possible to consider buying JP225 on consolidation above 40000 and the nearest fractal with a target to 41200 and further to 42500;