USD/CHF - 4H forecast - head and shoulder formation is possible
- price is in correction after breaking downtrend
- possible head and shoulder formation is incoming - target if this formation confirms is 1.025
- stochastic and regular relative strength index indicate further up movement
- open long from 0.98750 up to 0.98900
- stop loss and take profit is drawn in the chart
good luck to all and have a nice week !
- possible head and shoulder formation is incoming - target if this formation confirms is 1.025
- stochastic and regular relative strength index indicate further up movement
- open long from 0.98750 up to 0.98900
- stop loss and take profit is drawn in the chart
good luck to all and have a nice week !
Trade active:
Price holds well above last resistance (0,999) and will shoot up soon - HODL
Trade closed: target reached:
nice breakout to 1,01 and already booked profit - enjoy the ROI :)
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
