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patterntrader

AUDCHF, looks like ascending, but should focus on failure

Australian Dollar / Swiss Franc (FX:AUDCHF)  
patterntrader  
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF audchfshort audchfdaily audchfbreakout
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audchf audchfshort audchfdaily audchfbreakout
This looks very much like an ascending triangle pattern. However, it is not yet a classical one. Horizontal top is almost adjusted. The price already crossed the pattern several times. However, at this moment, we have to wait and see how the market respond to this structure.
Follow my Update
Keep calm and see how the market respond to this structure.
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