USDCHF: 2 Bullish Patterns 🇺🇸🇨🇭

١٠ نوفمبر ٢٠٢٣

https://www.tradingview.com/x/QHQMopEZ/

After a test of an important intraday demand zone,
USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame.
A cup & handle pattern was formed then.

The neckline of the pattern was broken during the middle of NY session yesterday.

These 2 strong bullish confirmations make me think that the pair will go higher.
Next resistance: 0.9068

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١١ نوفمبر ٢٠٢٣

ملاحظة

The market closed on a neckline of a cup and handle.
We will anticipate a bullish movement from that next week.