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AndriyMoraru

Symmetrical Triangle on USD/CHF @ W1

Kort
USA-dollar/Schweizisk franc (FX:USDCHF)  
AndriyMoraru Uppdaterad   
FX:USDCHF   USA-dollar/Schweizisk franc
Chart Patterns Triangle Symmetrical Triangle chartpatterntrading breakout swissie longterm
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chartpattern triangle symmetricaltriangle chartpatterntrading breakout swissie longterm
A symmetrical triangle pattern has formed on the weekly chart of the USD/CHF currency pair. This long-term formation offers an opportunity to go short in case of a bearish breakout. The triangle's borders are marked with the yellow lines. The potential entry level is shown with the cyan line. The potential take-profit level is where the green line is. The stop-loss can be set to the opposite border begins at the base of the triangle - at 0.95947.
Order avbruten:
Trade setup cancelled due to the pattern invalidation.
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