TB305

SHORT on EUR/CHF

Short
FOREXCOM:EURCHF   Euro / Swiss Franc
We have a beautiful Head and Shoulders pattern on the Monthly Timeframe, Price has also broken the neckline of our Head and Shoulders.

I expect price to fall most of the year for this pair as it has taken a very long time to form this Pattern on the Monthly Timeframe.

I am waiting for a pullback to the new resistance area, then I will wait for the bears to come in then I will short this pair.

I am looking to catch anywhere from 200-600 pips easily.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.