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pjgonzales

USD/CHF - Potential LONG entry on break of H4/WEEKLY inverse H&S

Long
U.S. Dollar / Swiss Franc (FOREXCOM:USDCHF)  
pjgonzales Updated   
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis USDCHF usdchflong Bullish Patterns Bullish Divergence Camarilla Pivot Points Inverse Head and Shoulders
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trendanalysis chartpattern waveanalysis usdchf usdchflong bullish bullishdivergence camarilla inverseheadandshoulders
Finally seeing some price action to break the long awaited break of a weekly and H4 inverse head and shoulder.
The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S.

1st target is CAM S5 and a major resistance fractal.

If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.

DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.

Good luck to everyone!
Comment:
Dropped from trendline shown on chart. I am still very bullish on USD/CHF, looking for an entry.
Comment:
Nearing target, at this momentum I would create a trailing stop loss for the second target.
Comment:
First target hit, trailing stop loss created for second target.
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