Symmetrical Triangle on USD/CHF @ W1

A symmetrical triangle pattern has formed on the weekly chart of the USD/CHF currency pair. This long-term formation offers an opportunity to go short in case of a bearish breakout. The triangle's borders are marked with the yellow lines. The potential entry level is shown with the cyan line. The potential take-profit level is where the green line is. The stop-loss can be set to the opposite border begins at the base of the triangle - at 0.95947.

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Trade setup cancelled due to the pattern invalidation.