Domsax48

USDCHF broadening wedge

Domsax48 Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
A not-so-obvious formation. Most likely rejected now from top, one more swing, and then breakout to either direction.
Comment:
Breakout upwards...
Comment:
Moral of the story - I did not measure the upper side properly, and thought the 0.984 level as rejected. Instead it continued broke through the correct upper border. Now waiting for a pullback to enter long.
Comment:
Hit a resistance at the 0.996 level. Potential short.
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