USDCHF H4: Positive signals appeared on the chart
The downward pressure on USDCHF is easing, which may lead to an upward price reversal.
The formation of a symmetrical triangle indicates consolidation before a breakthrough and an increase in trading volatility. A piercing of the upper triangle leg is a positive signal indicating an upcoming price increase.
Currently, trading USDCHF assumes the priority of long positions. A trader can enter the market both at the current levels or when retesting of the resistance level occurs.
📌 Entry: 0.80080
✔️ First target: 0.80940
✔️ Second target: 0.81370
❌ Stop order: 0.79277
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