USDCHF has been on the rise and following an ascending channel. It has reached to a strong resistance level and was unable to break it. It has since then formed pattern. Follow it very closely and if the price manages to break the triangle from the lower side(which is also the support line of the channel) you can open a very good short.
You can share your ideas in the comment section or like in case you agree with the setup.
You can share your ideas in the comment section or like in case you agree with the setup.
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The price just broke the channel support as predicted.
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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.