Today we have CAD/CHF on a Daily chart forming an inverted head and shoulders pattern. This is similar to one of my previous posts but the pattern is flipped.
As you can see price has already broken the neckline and closed above it on multiple time-frames, I would like to see a retracement before entering on a move to the upside.
As always feel free to share any complimentary analysis below and leave your opinion on this pair!
As you can see price has already broken the neckline and closed above it on multiple time-frames, I would like to see a retracement before entering on a move to the upside.
As always feel free to share any complimentary analysis below and leave your opinion on this pair!
Trade active
Entered at the close above the necklineTrade closed: target reached
First Take Profit: 0.7550
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.