Could be a nice setup on CADCHF Daily

Another possible H&S pattern. Broke down below the range its been in since 2015 late December just to shoot straight back into it early January. Seems like quite a bullish move to me with potential to move higher up into the range again and this gives more confluence to a potential inverted H&S in the making.

Bình luận:

Price is now at neckline. Needs to make a positive break and retrace before I will enter trade.

Bình luận:

Trade active. TP1: 75.645 ( 61,8% fib and resistance ). TP ": 76.685 almost 100% fib and resistance level.

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TP1 reached. Stoploss to break even on second position

Bình luận:

I have moved SL up to 76.072 which is 78.6% fib on last position.

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