#GBPCHF potential reverse head and shoulder pattern

Diupdate
In this chart, as you can see, we might be dealing with an inverse head and shoulders pattern. If confirmed, this pattern could lead to higher prices.

However, before taking any positions, it would be prudent to wait for a shift in the lower timeframe market structure toward a bullish trend to ensure stronger confirmation of the move.
Order dibatalkan
Price failed to close above the right shoulder top. Therefore, this reverse head and shoulder pattern failed to complete.
chartanalysisChart PatternschartpatterntradingchartpattrenForexforexsignalshead_and_shouldermarketstructureTrend Analysis

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