Price on 
USDCHF has been falling in a Descending Triangle Pattern shown here on the 4Hr Chart.
Price ending last week created 2 False Breakouts of both the Falling Resistance and Horizontal Support!
Price soon will be looking to make a Breakout with it consolidating tighter into the Apex of the Triangle.
Once a Breakout is validated, we will want to see a Retest!
Price ending last week created 2 False Breakouts of both the Falling Resistance and Horizontal Support!
Price soon will be looking to make a Breakout with it consolidating tighter into the Apex of the Triangle.
Once a Breakout is validated, we will want to see a Retest!
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Related publications
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.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Related publications
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.