USDCHF is trading in an ascending triangle pattern, which is a bullish pattern . It has tested the resistance line of the ascending triangle the third time and reverse from that point. We might see, the price level will come down to the support line of the ascending triangle pattern. For the short term, one can trade on the short side for the target as an ascending triangle support line.
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Thanks
Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
