GBP/CHF H4 time frame making a head & shoulders pattern. Price is currently at key level support. If we break this support, we could find price moving to the downside. Potential 100+ pip if we can find good entry with confirmation.
Overall trend: Down Stop Loss: ~1.2300 Entry: roughly 1.2190 zone TP 1: 1.21200 TP 2: 1.20700
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Still waiting for price to break key level support before we make entry.
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Price approaching our entry. Let's wait for a break and hold around 1.2170!