USD/CHF - LONG Set-Up on break of Inverse H & S
Updated
I have been watching USD/CHF for awhile now to break out of the WEEKLY/DAILY timeframe inverse head and shoulder and it is now finally backtesting the neckline.
Most USD pairs are now pulling back before a big bull move on/before the US CPI on Wednesday, so I am still predicting a pullback around CAM S3 or value area before it tests CAM R3 again.
I will give updates when it ends up re-testing CAM Pivot S3.
If this chart helped at all, leave a like.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Most USD pairs are now pulling back before a big bull move on/before the US CPI on Wednesday, so I am still predicting a pullback around CAM S3 or value area before it tests CAM R3 again.
I will give updates when it ends up re-testing CAM Pivot S3.
If this chart helped at all, leave a like.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Note
Big bull candle still hasn't happened to break through CAM R3 yet... still waiting for an entry.Note
Set-up invalidated, no big bull candle broke through CAM R3.
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.