Hey traders,
EURCHF reached a solid horizontal key level yesterday.
Approaching that, the price formed a head & shoulders pattern.
0.9865 - 0.9872 is its neckline.
To short, we should wait for its bearish breakout (we need hourly candle close below that).
Then, sell aggressively or on a retest.
Goals will be 0.9845 / 0.983
If the price sets a new high above the head, the setup will be invalid.
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