CJMarinus

USDCHF long on 4h Head and Shoulders

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
A 4h inverted head and shoulders setup has formed after a 5 wave move to the down side. On the AO there is clear divergence between the low of W3 and the low of W5. Enter at break of right shoulder, with SL below low of right shoudler. Profit target is just below 200EMA on 4h chart.
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