USDCHF on the 1H time-frame.
Steps:
1. The price pullback at the Fibonacci level 261.8% then turn into the MACD (+) and will place SELL order when create the lower high and stop loss at this priced.
2. Will open SELL order again when the price breakout the previous low at 0.87917
3. If the next MACD (-) create the higher low that become the 1st step of reversal pattern.
Steps:
1. The price pullback at the Fibonacci level 261.8% then turn into the MACD (+) and will place SELL order when create the lower high and stop loss at this priced.
2. Will open SELL order again when the price breakout the previous low at 0.87917
3. If the next MACD (-) create the higher low that become the 1st step of reversal pattern.