CAD/CHF INVERTED HEAD AND SHOULDER PATTERN!!

11 באוג׳ 2019Price Action (Technical Analysis): Spotted a potential Inverted Head and Shoulders Pattern at Key Support Zone while in an Oversold Market in Weekly Time-Frame. We have a Bias that price needs to press up due price pressing down to Weekly low in this Triangle Trend (Weekly Time-Frame). Our last resort to continue this idea would be price rallying at the 61.8%, once price breaks and closes below.. Trade is invalid and we will wait for more suitable market conditions for our next advanced pattern breakout.

Fundamental Analysis: None.