RamziAbouAbdallah-CMT

USD/CHF triangle breakout

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Hello,
As you can see on the hourly chart, a symmetrical triangle just occured.
Long position at breakout point around 0.9110.
Target: 0.9210 as per the measurement strategy (distance between lowest and highest point of the triangle which is around 100 pips)
Risk reward: 10
Already 50% of the target got achieved.
Good luck
Comment:
Target reached

Ramzi Abou Abdallah, CFTe, CMT

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