Euro / Swiss Franc
Long
Updated

EURCHF has formed inverted head and shoulders pattern

120
EURCHF
Formed inverted head and shoulders on the 1 Hour timeframe
Beside breaking a descending channel since 25 May

A positive movement up to 0.96800 could be a confirmed possibility
Trade closed manually
EURCHF have retraced about 50 % back and momentum might start fading and I recommend decreasing position exposure here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.