Assessment of the market situation - USDCHF. The appearance of the current price 0.82494 in the Fibonacci area between levels -50(0.82366) and 0(0.82782), which was created by placing the Fibonacci grid on the previous day's price extremes, focuses sellers' attention. The information obtained about the market situation regarding the Fibonacci grid allows me to make sales towards the -76.4 level (0.82146). When reaching -74.6 (0.82146), I will close all positions, not entering the market further, it is enough to take a break until the next day. When entering sales, I use the 0 level (0.82782), as well as additional levels -23.6 (0.82586), -38.2 (0.82464), which can be traded on breakouts or rebounds, depending on the market situation. Of course, like all traders, there is a backup plan where sales are canceled. A rise in the market above the analyzed range, specifically Fibonacci 0 (0.82782), allows for buying based on the retracement level 0 (0.82782).
