The uptrend of USDCHF is losing momentum, which is confirmed by the pattern formed on the chart.
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, priority is given to short positions.
📌 Entry: 0.78806
✔️ First target: 0.78429
✔️ Second target: 0.78320
❌ Stop order: 0.79153
