USDCHF had been forming a contracting triangle with count ABCDE. Reversal from the E leg is expected to push price down towards the lower contracting line. A break above the upper contracting line invalidate the analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
