Today I attempted to buy USDCHF with a stop-loss order placed at 0.7959 and a take-profit order at 0.7986. USDCHF on the M15 timeframe: Looking at the price action, the candlesticks in the last few hours have tended to form a horizontal consolidation pattern with a fairly narrow range. This indicates a phase of uncertainty, where buyers and sellers are still evenly matched in controlling price direction. The price surge, which briefly broke above the moving average, was only temporary, as it was immediately followed by selling pressure, pushing the price back down. However, the price has yet to break through the strong support level around 0.7950, making this support potentially key to determining the next direction.