FX.co - GBPCHF M15: Inverse Head and Shoulder (2024-05-02 19:00:26)

2024-05-02T19:00:26

Signal strength 2 of 5

GBPCHF M15: Inverse Head and Shoulder

According to M15, GBPCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.1416/1.1411 is broken out, the instrument is likely to move toward 1.1434.

The M5 and M15 time frames may have more false entry points.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Technical Analysis Patterns

GBPCHF M15: Inverse Head and Shoulder

Other patterns by GBPCHF

FX.co ★ GBPCHF M15: Inverse Head and Shoulder

Technical Analysis Patterns

GBPCHF M15: Inverse Head and Shoulder

Other patterns by GBPCHF