USDCHF - where the bulls just wont give up

Nov 13, 2018USDCHF

The bulls have been doing exceptionally well on this pair since the latter part of September to the point where the major resistance level has been reached and the inverse head and shoulder pattern has been completed with the exception of breaking the neckline - the current candle is above the neckline signalling the possibility of a bullish continuation however the candle needs to close as such to confirm the same.

I will be on H4 and D1 timeframe looking for a good entry to go long or for a sign of price reversal in which case a sell off could take place.

On my watch list and more details to follow.