Anderson-FX

USDCHF End Of Triangle Formation

OANDA:USDCHF   U.S. Dollar / Swiss Franc
USDCHF End Of Triangle Formation

In a higher time frame perspective the main structure is a clear triangle in the movement of the price
Am expecting a BreakOut in the first days if coming week.
Movement in CHF will be nice to see other pairs such as:
GBPCHF, CHFJPY..

Plan:
-Wait for the breakout of structure
-Use technical analysis (Fibbo, DZ, SZ, TL) in order to identify Potential Movement
-Look for fundamentals. CHF is consider like a safeheaven so look for important new
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.