
The Triple Bottom pattern has formed on the chart of USDCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.8977 with the upper limit 0.8977/0.8969, the projection of the width is 17 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.8960, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade