USDCHF, Will we see a head and shoulders pattern on the 4H Chart
After the head and shoulders pattern was broken on the daily chart, the price was able to reach the level 0.9300, but failed to touch it and returned again to test the resistance that was broken .. the price closed above the level 0.9200. I expect the price to rise to 0.9250 then return to the level 0.9186, Will we see another head and shoulders pattern on the 4H Chart ?
if so, the price will rise again to touch the 0.9300 level.
Note : The price may not come back and break 0.9250 directly and hit 0.9300 level .
Entry price 0.9200
swing trade tp = 0.9300
multi targets
tp1 = 0.9220
tp2 = 0.9250
tp3 = 0.9300
SL = 0.9150 / 0.9100
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if so, the price will rise again to touch the 0.9300 level.
Note : The price may not come back and break 0.9250 directly and hit 0.9300 level .
Entry price 0.9200
swing trade tp = 0.9300
multi targets
tp1 = 0.9220
tp2 = 0.9250
tp3 = 0.9300
SL = 0.9150 / 0.9100
Support this idea with a Like if you have the same perspective
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