USD / CHF Head & Shoulders : Continuation to Downside
Updated
A head and shoulders formation on the H4 and H1 charts has formed. Looking for a confirmation signal of a continued downtrend in the form of a lower low lower close candle in the red kill zone. Targets set at a re-test of the previous low and a fib retracement used to determine a minimum of 1:1 risk reward.
Trade closed: target reached
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