USDCHF created a 4hr head and shoulder on yesterday's low and broke and retested yesterday's high which was also the neckline, support and small zone etc. Great confluence.
If you take a look at the 1hr (below) you can see the perfect retest with a doji/shooting star (reversal candle) signaling a possible buy.
01hr
Looking at the 5min (below) you can see that the doji was a small pattern, perfect time to buy!
5min.
We're looking for the price to go up to the 1.0150 retesting the daily M pattern neckline, +61.8 fib retracement.
If you take a look at the 1hr (below) you can see the perfect retest with a doji/shooting star (reversal candle) signaling a possible buy.
Looking at the 5min (below) you can see that the doji was a small pattern, perfect time to buy!
We're looking for the price to go up to the 1.0150 retesting the daily M pattern neckline, +61.8 fib retracement.
Trade closed: stop reached