There is a head and shoulder pattern in USDCHF. I think we are facing a new bearish wave towards 0.97000 area.
Suggestion:
Short Position at 0.99800
TP1: 0.98500 (1300 pips)
TP2: 0.97000 (2800 pips)
SL: 1.0200 (400 pips)
Suggestion:
Short Position at 0.99800
TP1: 0.98500 (1300 pips)
TP2: 0.97000 (2800 pips)
SL: 1.0200 (400 pips)
Trade active
Neckline is breaking...300 pips in profitDisclaimer
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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.