I spotted a completed inverted head and shoulders pattern on USDCHF on 1H time frame. 0.9442 - 0.9448 is its horizontal neckline. To trade this pattern, wait for a bullish breakout of its horizontal neckline (we need an hourly candle close above that to confirm the breakout).
Then, buy aggressively or on a retest.
Goals will be 0.9488 / 0.9523
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but mr.vasily. for gold and usdchg both moving up is making me confuse... because if gold goes up dxy will go down most likely and because of that usdchf may also go down. advice please
PIPSBYFIBS
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@PIPSBYFIBS ** usdchf i mean. both gold and usdchf may not go in one direction..just guessing🙏🙏
JoeChampion
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Nice view!
elyask120
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well spotted mate. keeping an eye on it... trying to close above neckline at the moment. cheers!!!!
AtlasTrades
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exceptional usdchf analysis, thanks brother, It's very useful