Snail Steps

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Snail Steps

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Snail Steps

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USDCHF reversal head and shoulder

  1. Bullish chart pattern forming on the 4 hour timeframe.
  2. Falling wedge on the daily chart, a strong reversal signal.
  3. Possible trend reversal expected from this zone.
  4. RSI divergence is the only concern; if it fades, momentum may continue upward.
  5. Maintain RRR 1:2 minimum, target 1:5 using a trailing stop loss.
  6. Watch out for today’s FOMC meeting, as it can cause strong market moves.

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