CHFCAD trendline breakout
*buy opportunity after BREAKOUT of the trendline and a formation of a Head and shoulders pattern.For a secure entry wait for a candle's close above 1.2724.
*potential targets( in order the 0.382 , 0.5 , 0.618 Fibonacci retracement of the downward movement );
-1.2817 (0.382)
-1.2891(0.5)
-1.2966(0.618)
*potential targets( in order the 0.382 , 0.5 , 0.618 Fibonacci retracement of the downward movement );
-1.2817 (0.382)
-1.2891(0.5)
-1.2966(0.618)
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