USDCHF, according to the current Wave Count, is trading in a Complex Structure, more exactly a Triple Three.
If the Wave Count is correct, more downside would be expected before the Larger Degree Correction would complete.
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150+ pips
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Wave Count Update: Correction starting.
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Wave Count Update:
more down-side
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Downside limited at these times with only one more swing left in the final leg, which would provide a Bullish Divergence. A possible Reversal could be right around the corner.
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