bishopblue

UPDATE OCT 15-19 (LONG)

Long
bishopblue Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Just like in the previous patterns, after breaking out of MA100, the price retested and bounced (see the encircled portion). USDCHF is back in upward move. Initial target is at 1.0070 neckline of the inverted H&S pattern. Easy trade if the price breaks the neckline.
Comment:
Might break the neckline of the inverted H&S pattern next week.
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