HS pattern spotted. Target 1.02 and below to parity
Atualizado
Hi Folks:
This pair is just in accumulation phase now. Possible HS pattern in play with bearish outcome.
I was expecting a strong bounce at 1.03 and it happened but it quickly reversed. This weekly candle's so far having a rejection from the top so bears remain in control yet.
Remember that CHF is considered a safe haven (Russia - Ukraine tensions).
STAY SAFE. Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
This pair is just in accumulation phase now. Possible HS pattern in play with bearish outcome.
I was expecting a strong bounce at 1.03 and it happened but it quickly reversed. This weekly candle's so far having a rejection from the top so bears remain in control yet.
Remember that CHF is considered a safe haven (Russia - Ukraine tensions).
STAY SAFE. Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Ordem cancelada
Idea cancelles as ECB may be soon hiking interest rates and new scenario needs to be reconsidered. CHF continues to remain SAFE HAVEN.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.