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Godfather-Pips

USDCHF UPDATED

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Godfather-Pips  
FX:USDCHF   U.S. Dollar / Swiss Franc
Head and Shoulders Fibonacci USDCHF reversal headandshouldersbottom Forex retest Fibonacci Retracement breakout
4
2
headandshoulders fibonacci usdchf reversal headandshouldersbottom forex retest fibonacciretracement breakout
Confluences:

- On the daily timeframe the current price is retesting a breakout of the downtrend
- Reverse head and shoulders may continue following a possible bounce off the 61.8 fib level

Personally, I'm staying out but we could potentially see this TP.
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