billworld

Triangle break up or down

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF 15 minute is set up for triangle breakout up or down. Wait for close beyond triangle and last bar high (long) or low (short). Support and Short TP is July 26th high. Resistance and Long TP is July 27th high. Ideally also wait for breakout of bollinger band .

Comments

Still hovering around the midpoint of wedge which is also midpoint of recent range. Wait for breakout to pass beyond bollinger bands for signal.
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