USDCHF reversal head and shoulder

Oct 8

1. Bullish chart pattern forming on the 4-hour timeframe
   
2. Falling wedge on the daily chart — a strong reversal signal
   
3. Possible trend reversal expected from this zone
   
4. RSI divergence is the only concern; if it fades, momentum may continue upward
   
5. Maintain RRR 1:2 minimum, target 1:5 using a trailing stop-loss
   
6. Watch out for today’s FOMC meeting, as it can cause strong market moves
   

Oct 8

Trade active

Oct 20

Trade closed: stop reached