bandit1111

Possible head and shoulders set up on USD/CHF (Risky)

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
I notice a possible head and shoulders pattern although price closed with a bearish engulfing last week i would like to see price reach highlighted area and be able to hold that level and then show a reversal pattern on a smaller time frame in which my entry would be a bit below previous resistance on lower timeframe and my TP would be around highlighted area where i put the G letter. P.S if u go to H4 there is also a possible cup and handle pattern as well (bullish)
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