FX.co ★ blaise.rogahn | USD/CHF

Hello traders, on the H4 timeframe of USD/CHF this Friday, the market remains the same, with the upward trend of the US dollar intact. Today's trading pattern is the dynamics of growth in the third ascending wave of a bullish triplet. It all started last Monday when the SNB announced risks of intervention in the franc. Currently, the quotes are at 0.7865, with the maximum of the first upward wave at 0.7877. The trading idea is to break the maximum, then the third wave will be confirmed, and we will move up further as it continues to form.