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Snorkel_Sucker
Jul 16, 2019 11:34 AM

USD / CHF Head & Shoulders : Continuation to Downside 

USD/CHFOANDA

Description

A head and shoulders formation on the H4 and H1 charts has formed. Looking for a confirmation signal of a continued downtrend in the form of a lower low lower close candle in the red kill zone. Targets set at a re-test of the previous low and a fib retracement used to determine a minimum of 1:1 risk reward.

Trade closed: target reached

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