lewglasgow
Long

CAD/CHF - Inverted Head and Shoulders

FX:CADCHF   Canadian Dollar/Swiss Franc
9 months ago
Today we have CAD/CHF             on a Daily chart forming an inverted head and shoulders pattern. This is similar to one of my previous posts but the pattern is flipped.

As you can see price has already broken the neckline and closed above it on multiple time-frames, I would like to see a retracement before entering on a move to the upside.

As always feel free to share any complimentary analysis below and leave your opinion on this pair!
9 months ago
Trade active: Entered at the close above the neckline
9 months ago
Trade closed: target reached: First Take Profit: 0.7550
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Lewis Glasgow, Creator of Six Figure Capital.
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