tidaltrader

USDCHF DOUBLE ZIGZAG PATTERN

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
As per previous post i am expected reversal from 0.9970 resistance zone , But price action not supporting for reversal. I changed my wave count to alternate count, Current pattern looks like Double Zigzag pattern forming and target for this pattern is 1.0048.

ENTER LONG @ 0.9918 -- TP @ 1.0048 -- SL @ 0.9850
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