g2-rockach

H&S pattern. Which way is it to be??

FX:USDCHF   U.S. Dollar/Swiss Franc
155 2 4
If price fails to break below the neckline, then we may have a bullish continuation pullback. if price breaks below the neckline, we may get a pullback and then potentially push down to C point. C point is at the level 1 and offers a good support area. Also it is the same distance of the head to neckline.
At the moment I will sit on the fence and wait.
g2-rockach
2 years ago
another assault on the neckline coming!
Reply
g2-rockach
2 years ago
Half hourly chart has shown 2 candles close below neckline, a pullback and now a nice pin bar... should start to come down
Reply
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