An interesting repeating bearish harmonic pattern has presented itself and the bearish trend has just begun.
According to the past development of the bearish trend after the completion of the bearish harmonic pattern, the price will fall steeply with shallow retracement and very little support.
Sell USDCHF whenever the price retraced to the previous low in the smaller timeframe (H1 and below)
As for now and should the price starts to retrace, look to sell at 0.9860, stop loss set at, or above, 0.9882.
According to the past development of the bearish trend after the completion of the bearish harmonic pattern, the price will fall steeply with shallow retracement and very little support.
Sell USDCHF whenever the price retraced to the previous low in the smaller timeframe (H1 and below)
As for now and should the price starts to retrace, look to sell at 0.9860, stop loss set at, or above, 0.9882.