EURCHF

Conventionally an ascending triangle breaks out on the upside. However, one that occurs within a downtrend should be approached with caution.

SUMMARY.

Patiently wait and follow the price in the direction of the breakout.

Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and don’t blindly enter trades based on the analysis.