USDCHF Daily Chart Break the inverse head and shoulder pattern
You can wait for a pullback or take entry now.
There are 88 pips risk and 278 pips reward
Entry for Pull Back: 0.98899
Entry for Current Price: 0.99340
1st Take Profit: 0.99655
2nd Take Profit: 1.00072
3rd Take Profit: 1.00358
4th Take Profit: 1.00814
5rd Take Profit: 1.01687
Stop loss: 0.98013
use small Lot size little bit risky Trade.
Reverse Head and Shoulders Formation. ... This head and shoulders bottom pattern usually signals a change in price trend. When it occurs the security is likely to move against the previous downtrend. In other words, a completed reverse head and shoulders in gold means that gold is likely to rally.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
You can wait for a pullback or take entry now.
There are 88 pips risk and 278 pips reward
Entry for Pull Back: 0.98899
Entry for Current Price: 0.99340
1st Take Profit: 0.99655
2nd Take Profit: 1.00072
3rd Take Profit: 1.00358
4th Take Profit: 1.00814
5rd Take Profit: 1.01687
Stop loss: 0.98013
use small Lot size little bit risky Trade.
Reverse Head and Shoulders Formation. ... This head and shoulders bottom pattern usually signals a change in price trend. When it occurs the security is likely to move against the previous downtrend. In other words, a completed reverse head and shoulders in gold means that gold is likely to rally.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
