The price perfectly fulfilled my previous idea. 
USDCHF rebounded from the 0.78465 support and is testing the downward trendline again after forming a higher low structure. Price action shows a triangle breakout attempt supported by an upward trendline, suggesting growing bullish pressure. A sustained move above 0.79350 opens the door toward the 0.80000 resistance zone. Broader structure hints at an inverse head and shoulders pattern forming on the higher timeframe.
⚠️ Risks:
USDCHF rebounded from the 0.78465 support and is testing the downward trendline again after forming a higher low structure. Price action shows a triangle breakout attempt supported by an upward trendline, suggesting growing bullish pressure. A sustained move above 0.79350 opens the door toward the 0.80000 resistance zone. Broader structure hints at an inverse head and shoulders pattern forming on the higher timeframe.⚠️ Risks:
- Rejection at the downward trendline could push price back toward 0.78465 support.
- Strong CHF inflows from risk-off sentiment may limit upside.
- Upcoming US data surprises could shift momentum against the setup.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Trade fechado: objetivo atingido
Target hit with +45 pips 
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.