The USD/CHF D1 chart has formed a double top pattern, and the neck of the double top pattern has been successfully broken. The target price for the long-term trend can go to 0.91135. In pursuit of stability, you can first wait for the price to form a small wave of correction before entering the market.
On the H1 chart, the Fibonacci backtest formed resistance when it touched the 0.382 level, and the surface correction may have come to an end. At present, we can focus on the 1.272 Fibonacci extension line as our short-term target price.
Order suggestion:
Wait for the pullback to end and place a short order below the support level.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
