The October 27th candle closed as a textbook Shooting Star showing a clear rejection of the 1.618 fibo level. I am expecting a short-term pullback to the trendline, after which I will be looking for a long position targeting a few pips below the very key technical and psychological resistance level of 1.0000.
Once price reaches this level it will be a very important moment for USDCHF. Either we will see a strong rejection of this level as we have seen in the past, or we will see a breakthrough which then put the 2.618 fibo level in play as a potential target.
I will update this idea with a precise entry once the opportunity presents itself!
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.