The CAD/CHF daily inverse head and shoulders pattern (see Figure 1)may suggest the bearish trend is over and we already started a new bullish trend. The neckline has already been broken entered in a new bullish trend. The head and shoulder pattern suggest that the minimum target to the upside is 0.8620. the target is calculated by measuring vertically from the lowest point to the neckline which is than projected down from the breakout(see green line)
Also the current price structure confi…
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