USDCHF: 2 Bullish Patterns 🇺🇸🇨🇭
Updated
https://www.tradingview.com/x/QHQMopEZ/
After a test of an important intraday demand zone,
USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame.
A cup & handle pattern was formed then.
The neckline of the pattern was broken during the middle of NY session yesterday.
These 2 strong bullish confirmations make me think that the pair will go higher.
Next resistance: 0.9068
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After a test of an important intraday demand zone,
USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame.
A cup & handle pattern was formed then.
The neckline of the pattern was broken during the middle of NY session yesterday.
These 2 strong bullish confirmations make me think that the pair will go higher.
Next resistance: 0.9068
❤️Please, support my work with like, thank you!❤️
Note
The market closed on a neckline of a cup and handle.We will anticipate a bullish movement from that next week.
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