USDCHF - Bearish Leonardo - 18.03.2026

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USDCHF - Bearish Leonardo - 18.03.2026USD/CHFOANDA:USDCHFSinnSeedπŸ’΅ USDCHF - Bearish Leonardo πŸ”½ πŸ“‰ Bearish Leonardo (Bearish Leonardo Harmonic Pattern) is one of the less common, but quite accurate harmonic patterns. It belongs to the 5-point XABCD structures (like Gartley, Bat, Crab), but with unique Fibonacci ratios. The pattern signals a potential reversal downward after an upward move β€” ideal for shorting in the zone of point D. ✏️ Rules for constructing a bearish Leonardo #Leonardo is an extended/modified variant, often similar to #Bat or #Gartley, but with stricter/more flexible levels. πŸ—£οΈ Main proportions: πŸ‘β€πŸ—¨ XA β€” initial upward impulse (from X to A β€” low to high). πŸ‘β€πŸ—¨ AB β€” downward correction from XA. ✍️ Retracement AB = 50% of XA (often strictly 0.500, less commonly 0.382–0.618). πŸ‘β€πŸ—¨ BC β€” upward impulse from B to C. ✍️ Retracement BC = 38.2% – 88.6% of AB (most common range 0.382–0.886). πŸ‘β€πŸ—¨ CD β€” final upward impulse to D. ✍️ Extension CD = 112.8% – 261.8% of BC (often 1.128–2.618). ✍️ Point D is often located at 78.6% retracement from XA (key completion level of the pattern). ⚠️ Main differences from classic AB=CD or Bat: AB β€” usually fixed at 50% (like in the 5-0 pattern, but not identical). D β€” completes around 0.786 of XA (often precisely this level makes Leonardo "Leonardo"). More flexible range in BC and CD compared to the rigid Crab or Butterfly. Checking: AB = 0.5 XA - βœ”οΈ BC = 38.2% – 88.6% of AB (ours - 88.1%) - βœ”οΈ Point D is often at 78.6% XA (in the extension zone 112.8% – 261.8% from BC) 112.8% – 261.8% from BC - βœ”οΈ At D - 78.6% XA - ours 73% (close, 5% acceptable deviation) - βœ”οΈ Main proportions - βœ”οΈ bounce off resistance level on higher timeframe - βœ”οΈ πŸ”½ Sell from correction (after absorption) - from 0.7890 (can look at clusters, at what level there was a breakout/volume) ➑️ First target: 0.7801 ➑️ Second target: 0.7726 ➑️ Third target: 0.7663 Analyzing data on the Swiss franc futures - 6S First slide Here we see a horizontal profile, and a key level around ~1.29150 Movement started toward this level, delta positive. Second slide Here we observe an attack by buyers with growing volumes 3K > 4K > 5K possible target of this attack Third slide Here we see at what level the limit sell orders were hit, namely - 1.29025 My current assumption is that at this level one should take profit. Buyers will most likely push the price here, but there might be a big player with large limits sitting there β†’ expect a bounce. In total, projecting the futures data for #USDCHF (1.29025) ✏️ We get a target - 0.7750 🚩