USDCHF IH&S breakout or fakeout?

1 בפבר׳ 2021

Did USDCHF just broke out of Inverse head and shoulder neckline, or is this a fakeout and it'll fail at previous resistance at 0.89459? I guess we'll see.

1 בפבר׳ 2021

עסקה פעילה

Doesn't looks like a fakeout. that means it's a real breakout. I'm in for a long.

1 בפבר׳ 2021

הערה

It needs to maintain the price above 0.895xx range or else it'll fail.
will have to wait for 4 hour candle to close and act as confirmation.

1 בפבר׳ 2021

הערה

If the pennant breaks to the downside and 0.894xx is breached, this idea will become invalid.

1 בפבר׳ 2021

הערה

Nice bounce off of neckline as expected.

2 בפבר׳ 2021

הערה

+30 pips positive. stop at entry.