USDCHF has breakout from ascending triangle pattern in long term down trend and move towards the resistance 1 . USDCHF tested resistance1 for 2 time now it break the resistance 1 we may see further upside towards the resistance 2 one can long with trendline  as as stoploss. but if breaks the trendline  in conjunction with support of ascending triangle we may see further downside in USDCHF towards new low.

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Vivek_samale

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.