USD/CHF: 1-hour Chart

Here we have a simple descending triangle setup on Swissy’s 1-hour time frame. The pair is finding support at the .9100 handle, but judging from its lower highs, it looks like the pair is in for a breakout! Remember, descending triangles usually break to the downside, but there are also times when currency bulls win the tug-o-war. A stop below the .9100 handle is a good idea if you’re long on this pair, while the dollar bears can wait for .9100 to break before entering a trade.

Article source: http://www.fxstreet.com/technical/analysis-reports/pippin-aint-easy/2012-02-23.html