TraderMozo

AUDCHF triangle pattern breakout

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
PAIR: AUDCHF

On both the 1H and 4H timeframe, we can notice continuous bounces off the 0.57275 level

Price then climbed sharply and has been consolidating in a triangle pattern. This could be a signal for continued upside movement in the near future.

This trade setup will be invalid when price breaks under 0.57880
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