CHFCAD trendline breakout
*buy opportunity after BREAKOUT of the trendline and a formation of a Head and shoulders pattern.For a secure entry wait for a candle's close above 1.2724.
*potential targets( in order the 0.382 , 0.5 , 0.618 Fibonacci retracement of the downward movement );
-1.2817 (0.382)
-1.2891(0.5)
-1.2966(0.618)
*potential targets( in order the 0.382 , 0.5 , 0.618 Fibonacci retracement of the downward movement );
-1.2817 (0.382)
-1.2891(0.5)
-1.2966(0.618)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.