EUR/CHF Inverse Head and Shoulders at major support level

FX:EURCHF   Euro / Swiss Franc
49 0
On the monthly the price approached 1.08500 major support level with a doji candle showing signs of weakness. On the weekly time frame a triple bottom occurred and on the daily time frame the invers head and shoulder with a slanted neck line which is extra bearish . Daily trend line has been broken and now pulled back to the minor support level 1.09655 and also 14 EMA crossed abode 50 EMA on the daily time frame which only confirms all the time confluence. Looking for a 4H trendline breakout and a pull back to enter long with the TP at 1.1069. Then if the weekly trend line is broken at that major monthly level will we be looking for a swing trade long but for now just a quick in and out. Let me know your thoughts on this trade in the comment section. Keep it profitable!
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