USDCHF Projections | Short on Pullback

Looking to enter shorts on a pullback retesting a major broken ascending TL in confluence to the inner 0.618 fib retracement and previous area of support which is now key resistance. MA50 in respect to the structural breakout could indicate early signs of a momentum shift for next few trading days (despite the aggressive monthly close).

My sentiment on intra-day levels remains bearish. Hopefully the setup plays out and this isn't some sort of "fakeout".

Trade closed: target reached