USDCHF 4 February 2021 Daily Timeframe
Hi traders and welcome to my channel ...
pair is still in a downtrend channel in the daily chart but as you can see price creates a head and shoulders pattern and breaks the resistance level of 0.89802 … I think it's going to retest to 0.89802 and continuation of a long move to touch the resistance at the level of 0.92077… after that, we have consolidation in that area.
All info can be found in my chart.
*Support this Idea with a like or Comments if you find it useful*
Good luck guys and be careful
Thank you
pair is still in a downtrend channel in the daily chart but as you can see price creates a head and shoulders pattern and breaks the resistance level of 0.89802 … I think it's going to retest to 0.89802 and continuation of a long move to touch the resistance at the level of 0.92077… after that, we have consolidation in that area.
All info can be found in my chart.
*Support this Idea with a like or Comments if you find it useful*
Good luck guys and be careful
Thank you
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