USD/CHF - Multiple INVERSE H&S forming on different timeframes
Potential LONG opportunity finally happening after a crazy rollercoaster ride from a "hawkish" fed speech.
I have been looking for the trendline bounce (shown on bottom chart) since my last idea and it has perfectly bounce off it this afternoon.
I am now looking to go long term in this pair as the 4H is showing an inverse head and shoulder and the daily/weekly timeframe has another inverse head and shoulder forming as well.
Keep an eye if it breaks that trend-line support. If it does this idea will be invalidated.
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
I have been looking for the trendline bounce (shown on bottom chart) since my last idea and it has perfectly bounce off it this afternoon.
I am now looking to go long term in this pair as the 4H is showing an inverse head and shoulder and the daily/weekly timeframe has another inverse head and shoulder forming as well.
Keep an eye if it breaks that trend-line support. If it does this idea will be invalidated.
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Nota
Longed at the bottom @ 0.98467, adding more longs each pull back. Nice bullish engulfing pattern on the daily chart.Dagangan ditutup: hentian tercapai
Pesanan dibatalkan
Like I said in the post, if it broke trend-line support, this is now invalidated.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.