saeedmp

USDCHF 4 February 2021 Daily Timeframe

FX:USDCHF   U.S. Dollar / Swiss Franc
Hi traders and welcome to my channel ...
pair is still in a downtrend channel in the daily chart but as you can see price creates a head and shoulders pattern and breaks the resistance level of 0.89802 … I think it's going to retest to 0.89802 and continuation of a long move to touch the resistance at the level of 0.92077… after that, we have consolidation in that area.
All info can be found in my chart.
*Support this Idea with a like or Comments if you find it useful*

Good luck guys and be careful
Thank you

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.