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AUDCHF triangle pattern breakout
Australian Dollar / Swiss Franc
Long
AUDCHF triangle pattern breakout
By TraderMozo
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Dec 20, 2023
1
Dec 20, 2023
PAIR: AUDCHF
On both the 1H and 4H timeframe, we can notice continuous bounces off the 0.57275 level
Price then climbed sharply and has been consolidating in a triangle pattern. This could be a signal for continued upside movement in the near future.
This trade setup will be invalid when price breaks under 0.57880
aud
AUDCHF
Chart Patterns
chf
Technical Indicators
LONG
pattern
Technical Analysis
Trend Analysis
TraderMozo
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