USDCHF failed again to break the S1 Fibonacci level so we have a pretty strong resistance at this level. Now we have MACD bearish cross so it might be a pretty good short trade.
1st target level - S2 ~ 0.938
2nd target level - S3 ~ 0.934
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.