USD/CHF - Potential LONG entry on break of H4/WEEKLY inverse H&S
Updated
Finally seeing some price action to break the long awaited break of a weekly and H4 inverse head and shoulder.
The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S.
1st target is CAM S5 and a major resistance fractal.
If this chart helped at all, leave a like or follow.
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!
The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S.
1st target is CAM S5 and a major resistance fractal.
If this chart helped at all, leave a like or follow.
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!
Comment
Dropped from trendline shown on chart. I am still very bullish on USD/CHF, looking for an entry.Comment
Nearing target, at this momentum I would create a trailing stop loss for the second target.Comment
First target hit, trailing stop loss created for second target.
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