The Kiwi has been on a surge recently and the Swiss Franc has weakened, however a potential H&S (my favorite low risk trading pattern) has been spotted.
A small trade could be placed below the neckline for an initial target of the missed/current weekly pivot with a potential for price to extend further to the previous weekly pivot which would not breech the previous higher low (long term trend remains north!)
A small trade could be placed below the neckline for an initial target of the missed/current weekly pivot with a potential for price to extend further to the previous weekly pivot which would not breech the previous higher low (long term trend remains north!)
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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.
Related publications
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.