USDCHF Extremely overbought. Start selling. Sharp correction.

The USDCHF pair is seeing a dramatic price surge in September.
The pattern post late 2022 is basically very similar to the previous Bear Cycle of 2019-2020.
The bottom fractals in particular seem identical and the price is approaching the 0.5 Fibonacci rejection level.

Trading Plan:
1. Sell on the current market price and another on the 0.5 Fibonacci level.

Targets:
1. 0.8800 (the symmetricl low of May 4th 2023).

Tips:
1. The RSI (1d) is overbought, marginally over even 83.50 Overbought Resistance. This RSI Resistance has seen sharp declines after every touch (May 3rd 2018, March 4th 2021, May 11th 2022). That is why start shorting now is advised.

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Notes:
Past trading plan: