CAD/CHF - Inverted Head and Shoulders

Today we have CAD/CHF on a Daily chart forming an inverted head and shoulders pattern. This is similar to one of my previous posts but the pattern is flipped.

As you can see price has already broken the neckline and closed above it on multiple time-frames, I would like to see a retracement before entering on a move to the upside.

As always feel free to share any complimentary analysis below and leave your opinion on this pair!

Trade attivo:

Entered at the close above the neckline

Trade chiuso: obiettivo raggiunto:

First Take Profit: 0.7550