USD/CHF (1-hour timeframe)USD/CHF (1-hour timeframe), the analysis appears to include:
Ascending triangle pattern (with higher lows and a horizontal resistance).
Ichimoku Cloud for trend analysis.
Two marked target levels with projected breakout potential.
Identified Targets:
1. First Target:
🔹 Around 0.80000
This is just above the current resistance zone and seems to be the initial breakout target if price breaks the horizontal resistance.
2. Second Target (Final Target):
🔹 Around 0.80300 – 0.80350
This is the next higher resistance or profit-taking zone based on projected move from the triangle breakout.
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Summary:
If the price breaks and closes above the horizontal resistance (approx. 0.79850), your potential targets are:
🎯 Target 1: 0.80000
🎯 Target 2: 0.80300–0.80350
Keep an eye on price action and volume confirmation before entry. Let me know if you want stop-loss suggestions or a risk/reward breakdown.
