RiosTrades

USD/CHF DAILY HEAD AND SHOULDERS, BREAKOUT READY!

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Price Action (Technical Analysis): Daily Head and Shoulders formed & ready for a Breakout. Bearish weekly pin bar formed giving us a heads up bearish pressure isn't going to be fading away, bears are in control. I'd like to see a 4H or Daily candle stick breaking & closing below our Head and Shoulder Neckline to confirm our high likely analysis.

Fundamental Analysis: None.
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