USDCHF > Possible Bullish Head and Shoulders Pattern!!
Analysis on #USDCHF
Hello friends.
It clearly we are in a downtrend here and traders are not willing to let the market close above 0.9000,
there to the way, I will trade this market first as you can see we have the market forming a possible head and shoulders pattern,
if the market closes above the neckline, also the trend line resistance I will be looking to get in a long trade targeting the next level of resistance.
Be careful when you are long USD, it might trick you and moved back to the downside
Kindly leave a comment and like these ideas, if it helps you, it will support the creating of more free ideas for you
Check today analysis below⠀
>>It’s not what we do once in a while that shapes our lives. It’s what we do consistently.
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Hello friends.
It clearly we are in a downtrend here and traders are not willing to let the market close above 0.9000,
there to the way, I will trade this market first as you can see we have the market forming a possible head and shoulders pattern,
if the market closes above the neckline, also the trend line resistance I will be looking to get in a long trade targeting the next level of resistance.
Be careful when you are long USD, it might trick you and moved back to the downside
Kindly leave a comment and like these ideas, if it helps you, it will support the creating of more free ideas for you
Check today analysis below⠀
>>It’s not what we do once in a while that shapes our lives. It’s what we do consistently.
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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