Possible head and shoulders set up on USD/CHF (Risky)

14 ago 2021

I notice a possible head and shoulders pattern although price closed with a bearish engulfing last week i would like to see price reach highlighted area and be able to hold that level and then show a reversal pattern on a smaller time frame in which my entry would be a bit below previous resistance on lower timeframe and my TP would be around highlighted area where i put the G letter. P.S if u go to H4 there is also a possible cup and handle pattern as well (bullish)