Price Action Trading. The set-up becomes invalid once the support broken
Price bounced from 50% Fib level with wick touching 61.8%. I am expecting price to complete about 78.6% of retracement at Daily Timeframe. If price broke the descending trendline at D1 TF then USDCHF will be strongly bullish
Downtrend movement broken
Expect Price to reverse from 1598 to 1527 to complete 61.8% pullback for Daily Bullish run. Price will be at low to Buy for further bullish move. GL
Wait for break out and retest of about 61.8% fib retracement then enter sell. GL
Wait for Breakout on either side because Gold can be crazy