A H&S has formed on the 4h timeframe bullish which fits in perfectly with my previous daily published idea view on CAD/CHF. Hopefully the neckline gives way, gl!
Great daily pinbar follower by a strong bullish candle. I will be looking to long next week. I am looking at 2 situations, either long on open or wait for a small retrace while those who are greedy with a tight stop get stopped up before continuation to the upside. Looking for take profit just shy of 0.79000 level.
Weekly is trying to retest "support becomes resistance" for a second time. Weekly rsi is coming up to the 50 as well as the top of the RSI channel