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USDCHF Break the inverse head and shoulder pattern

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Dolar A.S. / Franc Swiss (OANDA:USDCHF)  
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OANDA:USDCHF   Dolar A.S. / Franc Swiss
Trend Analysis Chart Patterns USDCHF Forex
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trendanalysis chartpattern usdchf forex
USDCHF Daily Chart Break the inverse head and shoulder pattern
You can wait for a pullback or take entry now.

There are 88 pips risk and 278 pips reward

Entry for Pull Back: 0.98899
Entry for Current Price: 0.99340

1st Take Profit: 0.99655
2nd Take Profit: 1.00072
3rd Take Profit: 1.00358
4th Take Profit: 1.00814
5rd Take Profit: 1.01687

Stop loss: 0.98013

use small Lot size little bit risky Trade.

Reverse Head and Shoulders Formation. ... This head and shoulders bottom pattern usually signals a change in price trend. When it occurs the security is likely to move against the previous downtrend. In other words, a completed reverse head and shoulders in gold means that gold is likely to rally.

Note: This is only for Educational Purpose this is not Investment advice.

Please support the setup with your likes, comments and by following on Trading View.

Thanks
Adil Khan.

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