USDCHF is forming a local bullish trend. Globally - correction. A pattern is forming between the liquidity areas, the breakout of resistance of which can form a rapid rise
TA on the high timeframe: 1) A correction is formed after the breakout of 0.8860 level. The growth will continue to the resistance 2) A bullish liquidity area is forming at the bottom, the price is being pushed upz
TA on the low timeframe: 1) A symmetrical triangle is formed on the background of a local bullish trend 2) The price bounces off the support and retests the resistance. 3) There is a high chance that the breakout will take place. In this case I will wait for the growth to 0.89157.
Key support: the lower boundary of the triangle, 0.8700. Key resistance: 0.87779