USDCHF - Bearish Ascending Flag or Channel Breakout
USDCHF likely to test upper channel before news.
There is a Bearish Ascending Flag pattern, which which theoretically indicates the continuation of the larger timeframe bearish trend.
If this pattern fails, with price breaking above the upper trendline, it could indicate a bullish trend reversal of the larger timeframe.
There is a Bearish Ascending Flag pattern, which which theoretically indicates the continuation of the larger timeframe bearish trend.
If this pattern fails, with price breaking above the upper trendline, it could indicate a bullish trend reversal of the larger timeframe.
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