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 0.8134/0.8128, while its lower boundary passes through 0.8122/0.8128. The pattern width is 12 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.8128 could send the price toward 0.8143.