The USD/CHF 4-hour chart shows a clear Head and Shoulders pattern, a classic reversal signal. The Left Shoulder, Head, and Right Shoulder are well-formed, suggesting bearish momentum. The price is currently consolidating below the neckline, indicating a potential breakout to the downside. The Ichimoku cloud confirms resistance above the current price level, adding further bearish bias. If the price breaks below the neckline decisively, a significant downward move is expected.
Entry point: 0.82080
First target: 0.80638
Second target: 0.79500
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Entry point: 0.82080
First target: 0.80638
Second target: 0.79500
If you found this analysis helpful, don’t forget to drop a like and comment . Your support keeps quality ideas flowing—let’s grow and win together! 💪📈
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Join telegram channel free ..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
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t.me/Trend_Logic02
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
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