USD/CHF - LONG Set-Up on break of Inverse H & S
I have been watching USD/CHF for awhile now to break out of the WEEKLY/DAILY timeframe inverse head and shoulder and it is now finally backtesting the neckline.
Most USD pairs are now pulling back before a big bull move on/before the US CPI on Wednesday, so I am still predicting a pullback around CAM S3 or value area before it tests CAM R3 again.
I will give updates when it ends up re-testing CAM Pivot S3.
If this chart helped at all, leave a like.
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!
Most USD pairs are now pulling back before a big bull move on/before the US CPI on Wednesday, so I am still predicting a pullback around CAM S3 or value area before it tests CAM R3 again.
I will give updates when it ends up re-testing CAM Pivot S3.
If this chart helped at all, leave a like.
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!
Komen:
Big bull candle still hasn't happened to break through CAM R3 yet... still waiting for an entry.
Komen:
Set-up invalidated, no big bull candle broke through CAM R3.