USD/CHF - Potential LONG entry on break of H4/WEEKLY inverse H&S
Finally seeing some price action to break the long awaited break of a weekly and H4 inverse head and shoulder.
The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S.
1st target is CAM S5 and a major resistance fractal.
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!
The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S.
1st target is CAM S5 and a major resistance fractal.
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
Dropped from trendline shown on chart. I am still very bullish on USD/CHF, looking for an entry.Nota
Nearing target, at this momentum I would create a trailing stop loss for the second target.Nota
First target hit, trailing stop loss created for second target.
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.