USD/CHF - Bearish 5-0

Hello traders, following up from my previous post on USD/CHF with a descending channel (chart is shown below), price has now formed a perfect bearish 5-0 pattern on the 4h chart.

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50

I consider this pattern to be perfect as both B and C points come in a 1.618.


Currently price is stalling at the top of the channel, I'm expecting a sell-off right down to support.

I hope you all have an excellent week.

Here's to your success!