USD/CHF has a shoulder head shoulder inverted

In this technical analysis, I want to concentrated more in H1 and H4 timeframe.

So firstly, remember that we have bad news of USD pars and so, this morning USD agains CHF is loss very loss.

So, firslty, I want to show us my panoramic so what USD/CHF are:

syot kilat

In monthly we are into the bullish channel, but, if you going and how US Dollar has been devaluated in the long term of years.

syot kilat

In weekly timefra, into the bullish channel, we are in the bearish channel in weekly and the perspectiv is following bearish.

syot kilat

And the Daily timeframe, I see that we are in this bullish butterfly, so, dont recall that proyection are bearish, because we are into this bearish channel that we see in weekly. And also, into of weekly, in Daily we have an another bearish channel, so, in conclusion, the price of USD/CHF it's can be experiment a up the price.

syot kilat

And also, in Daily as we are in this armonic pattern, we see a series of Fibonacci, and also, I can see that in few days, its' can be a experiment of upper the price. Because in Daily we see a bullish hide divergence.

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Now, concentraded in th technical analysis. So, in H4 timeframe I see that we are in the formation of shoulder head shoulder inverted, and so this is a bull signal to entry. But to calculated the price it's can be to reach at the 0.9777 a great opportunity to pick up 190 pips as below of the first screenshoot.

syot kilat

syot kilat

And finally, in H1 timeframe, we see the same chartist figure, a shoulder head shoulder inverted and a bullish scenario. So, the only what I hope is that USD/CHF is going to up the price a little and the green zone to confirm with a bullish candlestick and then entry in a long positon for longer as I show my the arrox black mark. And if they have a succed, the technical analysis could be validated to form the shoulder what have in formation.


Chart PatternsdivergencebullishForexTechnical IndicatorsRelative Strength Index (RSI)shoulderheadshoulderTrend AnalysisUSDCHF

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