USDCHF was identified at around 0.79537 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Descending Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 0.7923 level.
Target: 0.7923 Entry: 0.7954 Stop: 0.7988
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that
USDCAD is trapped in a Inverse Head and Shoulders formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now
BTCUSD has broken through a resistance line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 107713.2473 within