USDCHF M15: The USDCHF price has formed a downward pattern
The balance of power in USDCHF is gradually changing, as the upward impulse is fading.
The formation of a symmetrical triangle on the chart indicates a phase of consolidation or uncertainty. A break through the lower leg of the triangle is a key signal of a potential downward movement.
In this situation, it is worth considering short positions to trade USDCHF.
📌 Entry: 0.79818
✔️ First target: 0.79509
✔️ Second target: 0.79355
❌ Stop order: 0.80000
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