GBP/CHF Head and Shoulders
Structure:
Candles
Daily: Bullish, but rejected current resistance
8Hr: Bullish Momentum
4Hr: Bullish with confirmation
1Hr: Bullish
Trading Observation
- Price broke out from head and shoulders and has not yet hit the target,
- Look for bullish entries after rejection of the next level.
- Trade on Monday could still be valid
- This pair shows favorable condition at 11:00 - 15:00 according to the back test.
Candles
Daily: Bullish, but rejected current resistance
8Hr: Bullish Momentum
4Hr: Bullish with confirmation
1Hr: Bullish
Trading Observation
- Price broke out from head and shoulders and has not yet hit the target,
- Look for bullish entries after rejection of the next level.
- Trade on Monday could still be valid
- This pair shows favorable condition at 11:00 - 15:00 according to the back test.
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