It is clear from the USDCHF chart that a falling wedge pattern is created. If the falling wedge appears in a downtrend, it is considered a reversal pattern. The falling wedge usually precedes a reversal to the upside, and this means that you can look for potential buying opportunities. In addition, the Gartley pattern is detected which is another buy signal in 4 h chart. Identify where the pattern will complete at point D, Place a buy order here.

• There is resistance 0.95707, followed by resistance at 0.96017 and 0.96308.
• There is support at 0.95000 Below, there is 0.94979 and 0.94700.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.