Possible Setup for USDCHF --long

15. Apr. 2021

We saw a 1H 2-candle strong bullish trend early today. Then the chart got into a sideways corrective phase, forming an ascending triangle. The triangle has been broken out from the upside with a strong bullish candle, following another bullish candle right after. I think the chart might come back to retest the resistance level, and then we will potentially see a uptrend toward our target at ~0.92595 (next resistance level).