Hey traders,
EURCHF reached a solid horizontal key level yesterday.
Approaching that, the price formed a head & shoulders pattern.
0.9865 - 0.9872 is its neckline.
To short, we should wait for its bearish breakout (we need hourly candle close below that).
Then, sell aggressively or on a retest.
Goals will be 0.9845 / 0.983
If the price sets a new high above the head, the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.