GBPCHF: Retracement Trade on Head and Shoulders!
Hey gang! The GBPCHF Head and Shoulders pattern I posted 2-3 weeks ago have broken through!
Wait for a retracement back to the 38.2 level at around 1.42000 before trading.
What I used to determine my action:
-38.2 Fib Level
-Major Resistance Level
-Whole number resistance (1.42000)
-Head and Shoulders Pattern
-Recently reversed uptrend
Wait for a retracement back to the 38.2 level at around 1.42000 before trading.
What I used to determine my action:
-38.2 Fib Level
-Major Resistance Level
-Whole number resistance (1.42000)
-Head and Shoulders Pattern
-Recently reversed uptrend
