Dollar américain / Franc suisseMis à jour USDCHF - Market in tight Consolidation - Breakout MUST follow
Hi Traders!
The market is making lower highs and higher lows.
That's why we see a triangle in the chart.
As you can see there are two trendline:
One is coming from above und one from below.
Now the two trendlines are so close to each other, that the market is squeezed in between.
It follows, that the market has to break in any direction to move further.
We recommend to trade the breakout with a confirmation, so you won't get stuck into a false breakout.
Thanks and good luck :)!
The market is making lower highs and higher lows.
That's why we see a triangle in the chart.
As you can see there are two trendline:
One is coming from above und one from below.
Now the two trendlines are so close to each other, that the market is squeezed in between.
It follows, that the market has to break in any direction to move further.
We recommend to trade the breakout with a confirmation, so you won't get stuck into a false breakout.
Thanks and good luck :)!
Note
Copy the red Box. Here it is in BIG:
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.