USDCHF Daily |
Initially I went short on touch of 200EMA at 0.9370 and booked my trade at 0.9310 for +60 pips.
Now the head-and-shoulder pattern is complete and currently price is trading near to neckline.
On previous 2 occasions this neckline has supported price on dips. This area is resistance-turned-support.
I plan to go short on break and daily close below the neckline with stop just above neckline. Being Friday, I will keep size small.
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