CADCHF: 60 min chart - Head & Shoulder - Sell setup

CADCHF: 60 min chart - Head & Shoulder - Sell setup

Trade with care!
Good Luck!

Comment:

Trade closed manually:

Trade closed manually for -25 pips. Price broke out the high and we are in another pattern.

Trade active:

Trade closed: target reached:

TP1 reached.
First zone reached +65 .
Price will continue lower if we see the wave slope.

Trade closed: target reached:

Target 2 reached +145 pips. Price looks that will fall some more, but its better to follow the trading plan :)

Comment:

Look for price reaction near trend line for potential move up.