Long NZDCHF Longterm Based on 1D Chart H&S Formation

I just noticed this beautiful H&S formation on the NZDCHF which completed a few days ago. My stop is at 0.69156

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

Please comment below and Like if you agree with my analysis.

Comment:

I'm checking on multiple TF's and I intend to enter around 0.698x

Trade active:

Entered at 0.69947

Trade active:

Closed one position at 0.70455 and moved other to Break Even. Will let this run.

Trade closed: stop reached:

Banked 50pips profit and got stopped for moving SL to Break Even. Better to be safe then sorry, still a profitable trade !!