USDCHF ASCENDING TRIANGLE SETUP
Pair: USDCHF
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation period, ascending triangle pattern
—————
Key Takeaway: Price has tested this level of resistance more than once now and we are seeing possibilities of price coming back through bearish. We have spotted a very strong trend line on the 4H chart that will act as support if this where the case as we could just see price bounce from where it is bullish
—————
Level needed: need a close by —
—————
Trade: Long
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation period, ascending triangle pattern
—————
Key Takeaway: Price has tested this level of resistance more than once now and we are seeing possibilities of price coming back through bearish. We have spotted a very strong trend line on the 4H chart that will act as support if this where the case as we could just see price bounce from where it is bullish
—————
Level needed: need a close by —
—————
Trade: Long
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.