The USDCHF pattern revealed on the chart indicates weakness in upward momentum.
A Head and Shoulders pattern has been formed. As part of the development of this reversal pattern, a downward trend is expected to develop.
At the same time, the price may test the neckline again after some time.
In this situation, it is worth considering short positions to trade USDCHF.
📌 Entry: 0.79578
✔️ First target: 0.79390
✔️ Second target: 0.79346
❌ Stop order: 0.79686
