TradingAlchemist

USDCHF💲Head and shoulders!❗

Largo
FX:USDCHF   Dólar estadounidense/Franco suizo
USD / CHF, an additional signal in favor of the fall of the Dollar Franc currency pair on FOREX will be a rebound from the trend line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the Head and Shoulders reversal pattern. Cancellation of the option to drop the USD / CHF pair on Forex will be a strong growth and a breakdown of the 0.9405 area. This will indicate a breakdown of the resistance area and a continued rise in the USD / CHF quotes in the area above the level of 0.9635. It is worth waiting for confirmation of a fall in the USD / CHF quotes with the breakdown of the support area and closing the price below 0.9215, which will indicate the completion of the formation of the “Head and Shoulders” reversal pattern.

Have a nice trade!

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