USD/CHF Wedge Breakout

14 Jan

The USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 0.9094
2nd Support – 0.9063

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14 Jan

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