USDCHF Trend Reversal Idea, 1D

27 Jan 2021

Possible trend reversal. Upside down head and shoulders has emerged. We will see if it break the neckline and set SL below previous low (right shoulder) and tp as a 1/2 ration which lines up nicely with the grey 240MA which tends to cause a reaction so it would be an ice place to get out of this trade.

Let me know what you think :)