USDCHF
### Chart Breakdown:
Price is in a Rising Wedge / Ascending Triangle pattern.
Abhi price wedge ki support trendline ke paas hai aur rejection ho raha hai. Chart pe already 2 sell zones marked hain.
### Key Levels Marked:
1. Current: ∼0.81026
2. Strong Res / Best Place For Sell: ∼0.81400 zone. Pehle bhi yaha se rejection aya tha
3. Second Place For Sell: Rising trendline support. Agar yaha se bounce fail ho to sell
4. Target: ∼0.80394 - Neeche wala grey support zone. Arrow bhi wahi point kar raha hai
### Scenario:
- Bearish Setup: Wedge ka breakout neeche hua to Target 0.80394 tak drop likely
- Sell 1: Strong Res 0.81400 se rejection par
- Sell 2: Trendline 0.81000 break hone par confirmation ke saath
- Bullish only if: 0.81400 break aur hold ho jaye
### Bias:
Bearish while below 0.81400. Wedge breakdown ka risk zyada hai.
Trendline break ke baad 0.80394 tak move expected.
Not financial advice. Wedge me fakeout bhi hota hai, confirmation candle
`USDCHF is forming a rising wedge on 4H chart.
Marked 2 key sell zones:
1. Strong Resistance 0.81400 - Best place to short
2. Trendline 0.81000 - Second sell on breakdown
If support breaks, next target 0.80394.
Bullish only above 0.81400.`
#USDCHF #Forex #TechnicalAnalysis #TradingSetup #ForexTrading
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