USDCHF: Two options - one target/
The head and shoulders pattern worked just like a textbook. After the completion of the pattern, the price rose to one of the major price levels. Right now, it has reversed at the 0.904 level. There are two options for the development of events further. The first is the fall is only a correction and after the price touches 0.899 it will start a new rise. Second: the price will break through the level of 0.899 and continue to fall.
As you can see, in any case, we can expect the price to reach the level of 0.899.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
As you can see, in any case, we can expect the price to reach the level of 0.899.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Note
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.
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.