USDCHF M15: 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: 0.79273
✔️ First target: 0.79672
✔️ Second target: 0.79872
❌ Stop order: 0.79006
Post Comment