USDCHF: Nice setup for a short opportunity
Current wave may be wave C with 5 wave structure. Why?
Trade setup:
- Previous wave is a 3 waves structure. So, it should be wave B.
- Price dropped down impulsive and fast. This wave could be wave 3 of wave C.
Trade setup:
- Sell @ the break out or
- Sell @ 61.8% fibo level
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.