USDCHF simple, short-term analysis.
After a inconsistent H&S pattern, it looks like there might be another opportunity to get on a short trade!
It has been trying so hard to break the trendline from more than 12 hours(long time if you consider the timeframe). I think the pattern is obvious.( Break up the trend line for the first time -> crawl it back to the line -> continuation of trend)
Regarding that candle, I don't yet find it completely reliable because i)the candle occured in the last hour before close ii) it broke above the MA.
Anyways, it's time to keep a close eye on this chart because there might be a good short term trade.
It has been trying so hard to break the trendline from more than 12 hours(long time if you consider the timeframe). I think the pattern is obvious.( Break up the trend line for the first time -> crawl it back to the line -> continuation of trend)
Regarding that candle, I don't yet find it completely reliable because i)the candle occured in the last hour before close ii) it broke above the MA.
Anyways, it's time to keep a close eye on this chart because there might be a good short term trade.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.