FX.co ★ USDCHF M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the USDCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.8105/0.8099, while its lower boundary passes through 0.8094/0.8099. The pattern width is 11 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.8099 could send the price toward 0.8114.