Potential setup for USDCHF in the short-mid term with Price Objective and potential targets. I look forward to shorting (scalping) this pair to all 3 targets at any given opportunity in the coming week(s) as market structure looks very promising & coincides with fib levels. V- Pattern completed in the W1 TF. Pair could likely retrace to the 50% fib level. Will be on the look out for intraday setups. Support broken, next likely target would be the fib 0.236 level. Patterns related to USD pairs look like we could be expecting some momentum and volatility in the coming week(s). Past and previous weeks have not been encouraging.
Kommentera:
Fib. .236 breached. Next is fib.382