Tuesday, May 07, 2024

USDCHF reached +485 points after descending triangle breakout
1 mins well spent

USDCHF Technical Analysis

USDCHF has formed a Descending Triangle by creating lower highs and equal lows in the 4-hour time frame chart.

After the breakout, USDCHF came down and retested the breakout level.

After the bounce back from the re-test level, USDCHF Buy signal is given.

USDCHF reached the take profit successfully.

usdchf reached 485 points in buy signal

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