USDCHF has identified a significant demand zone, suggesting a potential reversal to the upside. Additionally, a falling wedge pattern has been observed on the hourly timeframe, aligning with the anticipated reversal. The expectation is further supported by a perfect bullish breakout along the upper boundary of the falling wedge.
Note
Picked up the wrong Short tag instead of Long 😂😂
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.
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.