Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USD/CHF Ascending triangle ? (Bullish scenario) with target!
U.S. Dollar / Swiss Franc
Long
USD/CHF Ascending triangle ? (Bullish scenario) with target!
By SwissPips
Follow
Follow
Updated
May 20, 2018
6
Mar 2, 2018
Hey guys,
Interesting to note that the current price is holding on the median line of the pitchfork.
I have added a hypothetical support at this level. Should price rebound from here, we could have an ascending triangle which is a bullish pattern.
Tonight's closing could potentially validate or invalidate this idea.
Trade with care!
Cheers
Jesse
I have added the projected target in case this scenario is valid.
May 20, 2018
Trade closed: target reached
ascending
Bullish Patterns
buy
Chart Patterns
Forex
fx
pattern
Trend Analysis
USD
USDCHF
SwissPips
Follow
Related publications
EURAUD: Descending triangle, sell the breakout !
by SwissPips
EUR/NZD Sell the breakout
by SwissPips
GBP/USD: Bearish
by SwissPips
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.