GBP/CHF Head and Shoulders
Structure:
Candles
Daily: Bullish, but rejected current resistance
8Hr: Bullish Momentum
4Hr: Bullish with confirmation
1Hr: Bullish
Trading Observation
- Price broke out from head and shoulders and has not yet hit the target,
- Look for bullish entries after rejection of the next level.
- Trade on Monday could still be valid
- This pair shows favorable condition at 11:00 - 15:00 according to the back test.
Candles
Daily: Bullish, but rejected current resistance
8Hr: Bullish Momentum
4Hr: Bullish with confirmation
1Hr: Bullish
Trading Observation
- Price broke out from head and shoulders and has not yet hit the target,
- Look for bullish entries after rejection of the next level.
- Trade on Monday could still be valid
- This pair shows favorable condition at 11:00 - 15:00 according to the back test.
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.