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gurjot_galwatti
Sep 18, 2019 7:30 AM

USDCHF Triple top cum rising wedge pattern 1st target 0.98052 Short

U.S. Dollar/Swiss FrancFXCM

Description

USDCHF is trading just below major resistance 0.99762 following the formation of the triple top pattern in a daily time frame chart. The arrival of bears is further supported by a rising wedge pattern, but the trader must do entry of its short position on today's closing that should be below the aforementioned major resistance. Moving forward, the first target is set at 0.98052
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