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Farid_alfredo

USD/CHF: Daily Harmonic Patterns and possible movements

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
Farid_alfredo  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Harmonic Patterns Trend Analysis Chart Patterns usdchfshort usdchfanalysis USDCHF usdchfidea usdchfsignal Ascending Broadening Wedge Symmetrical Triangle bearishpattern downtrend
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harmonicpatterns trendanalysis chartpattern usdchfshort usdchfanalysis usdchf usdchfidea usdchfsignal ascendingbroadeningwedge symmetricaltriangle bearishpattern downtrend
This is the last update of current harmonic patterns on Daily USD/CHF charts. As we can see, two patterns are identifiable on the chart:
1. Ascending Wedge: Possible Bearish pattern
2. Symmetrical Triangle : Possible Bearish pattern
RSI is below 50 which confirms possible breakout and downtrend.
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