This is what i predict in USDCHF chart.
I will be looking in this 3 area to look for entry opportunity.
if i got only one opportunity i will trade 1 time, if i get 3 opportunities than i will trade 3 times.
This is my trading plan, and i will execute according to my plan.
So please feel free to use your own strategy to enter or exit.
Will this be Head and Shoulder pattern? only time could answer it ^ ^.
Good Luck and Trade Wisely
unfortunately since this is in the middle of my sleep. i did not able to look for buy opportunity during the breakout. but if this pair making a retracement. than i will enter at the retracement. if not than i just wait for the third entry area to sell.
Finally reached and formed the Head and shoulder pattern.
But i Only get the first sell point, i did not found buy opportunity since i'm busy with my work. If you follow all of them than you are in a Good Luck.
I will post again for the continuation trade plan if i found any sell opportunity.