USD/CHF 1H Chart Emerging Pattern: Rising Wedge

USD/CHF has formed a Rising Wedge pattern on the 4H chart. The pattern has 51% quality and 48% magnitude in the 120-bar period. The pattern began on 10th of May when the pair peaked to 0.9628; at the moment it is at 0.9698. Trading volume seems to be holding at the same level in the length of the pattern. Technical indicators on aggregate point at appreciation of the pair on 4H and 1D horizon suggesting it should maintain bullish trend. Long traders could focus on the daily pivot (PP)/20-bar

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