ANALYSIS 🔎 - USDCHF is printing the inverse head and shoulders pattern. - This is a trend reversal pattern. - A bullish pattern to be precise. - Price is testing the neckline resistance. - There's an upward breakout potential.
BUY ENTRY ⬆️ - Breakout above the inverse head and shoulders neckline resistance.
TARGETS 🎯 - Fibonacci extension levels
SETUP INVALIDATION ❌ - Breakdown below the right shoulder's horizontal support level (S1).