USDCHF | Perspective for the new week

FX:USDCHF   U.S. Dollar / Swiss Franc
With over 150pips move in our direction since my last publication on this pair (see link below for reference purposes); the price appears to be back at our previous Key level @ Fr0.91950 (see link below for reference purposes) with multiple rejections emphasizing selling opportunity for me.
It is obvious that the Greenback rose during the last three days before declining with approximately 0.3% intraday to Fr0.91690 level on Friday to close below Key level hereby signaling risk of further decline in the coming week(s).

Tendency: Downtrend ( Bearish )
Structure: Breakdown | Supply & Demand | Harmonic pattern (AB = CD) | Trendline
Observation: i. Since the price hit Fr0.92400 to form a Double top structure, we witnessed a dramatic decline in the last week.
ii. A significant breakdown of Fr0.91900 - a level which held price "supported" between 9th and 13th of August 2021 dictated the prevailing direction of price action as the price comes back to this same level with multiple rejections (18th - 20th of Aug 2021) and high hopes of a risk of further decline.
iii. 78.6& retracement of AB leg followed by Breakdown of Key level and Bullish Trendline reveals seller's strength at this juncture in the market.
iv. Structure characterized by multiple rejections of Key zone @ Fr0.91950 coinciding with a 78.6% retracement of AB leg suggests a "possible" transition into a Harmonic pattern (AB = CD) with parameters explained below;
a. Leg A-to-B is expected to be in harmony with the potential C-to-D leg.
b. The B- to-C leg makes a 78.6% Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext . of the A-to-B move @ Fr0.90600/0.90400 area.
iv. If price continues in the direction projected, we shall be looking forward to adding to our existing position at a breakdown/Retest of Fr0.91500... Trade consciously!😊
Risk/Reward: 1:5
Potential Duration: 2 to 5days

NB: This speculation might be considered to make individual decisions on the lower timeframe.

Watch this space for updates as price action is been monitored.

Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.