The USD/CHF pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a triangle pattern.
Key Points:
Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal depending on the breakout direction. The recent break above the upper trendline signifies a potential bullish breakout.
Buy Entry: Consider entering a long position around the current price of 0.8850, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the following levels:
0.8916: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected upwards from the breakout point.
0.8953: This is achieved by adding the height of the triangle to the breakout point. These targets act as potential resistance zones that could see buying pressure.
Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the triangle, ideally around 0.8830. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you
Key Points:
Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal depending on the breakout direction. The recent break above the upper trendline signifies a potential bullish breakout.
Buy Entry: Consider entering a long position around the current price of 0.8850, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the following levels:
0.8916: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected upwards from the breakout point.
0.8953: This is achieved by adding the height of the triangle to the breakout point. These targets act as potential resistance zones that could see buying pressure.
Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the triangle, ideally around 0.8830. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you
交易進行
註釋
High Impact News :⚠️⚠️USD - Service PMI &
Composite PMI
USD - Non Manufacturing PMI
USD/Chf - Move Stop-loss to 0.8843 (7 Pips only) ⚠️⚠️
In next 20 mins
註釋
Closed with -7 pips loss👉👉 Join My Telegram Channel :
✳️ Forex Technical Charts : telegram.me/kabhifx
✳️ Crypto Technical Charts : t.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
✳️ Forex Technical Charts : telegram.me/kabhifx
✳️ Crypto Technical Charts : t.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
👉👉 Join My Telegram Channel :
✳️ Forex Technical Charts : telegram.me/kabhifx
✳️ Crypto Technical Charts : t.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
✳️ Forex Technical Charts : telegram.me/kabhifx
✳️ Crypto Technical Charts : t.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。