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USDCHF H4: Price leaving the triangle generates a signal for growth

USDCHF H4: Price leaving the triangle generates a signal for growth

The balance of power in USDCHF is gradually improving. Market sentiment is becoming more positive for purchases.
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.
On this timeframe for USDCHF it is preferable to open long positions.
📌 Entry: 0.80080
✔️ First target: 0.80940
✔️ Second target: 0.81370
❌ Stop order: 0.79277

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Speculative Trading Warning: The trading of financial instruments is speculative by nature and involves a substantial risk of loss.