USDCHF Head And Shoulders formed?
Updated
Not great in spotting H&S yet. We did have some bullish sentiment in the market and now formed this, that seems to fit in the plan of a H&S.
The shoulders are not higher than the head (the difference is not that great) but the neckline fits in quite well.
When the markets open tomorrow I expect to get an answer on the Idea Title.
Thanks for reading and please give me some feedback on this one.
The shoulders are not higher than the head (the difference is not that great) but the neckline fits in quite well.
When the markets open tomorrow I expect to get an answer on the Idea Title.
Thanks for reading and please give me some feedback on this one.
Note
The drop happened as expected, just not right away.To avoid this issue when traded I would say wide SL but that's easy to say afterwards.
Need to learn more about this pattern and will publish the ones I see and follow.
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