.jpg)
The article covers the following topics:
Main meals
- The main scenario: Consider short sites of corrections less than 0.8580 with 0.7800 – 0.7600. Selling signal: The price is less than 0.8580. Loss stop: above 0.8620, take profits: 0.7800 – 0.7600.
- An alternative scenario: The penetration and unification above the level of 0.8580 will allow the husband to continue to rise to 0.8857 levels – 0.9195. Buy signal: 0.8580 level is broken to the upward trend. Stop loss: less than 0.8540, take profits: 0.8857 – 0.9195.
The main scenario
Consider short situations less than 0.8580 with 0.7800 – 0.7600 once the correction is complete.
Alternative
The penetration and unification above the level of 0.8580 will allow the husband to continue to rise to 0.8857 levels – 0.9195.
analysis
The fifth -class wave develops on the weekly graph, with the formation of the wave (5) out of 5 as part. Apparently, the bullish correction in the development ended as the second wave 2 of (5) on the daily chart, and the third wave 3 of (5) are under progress. On the H4 time frame, the third third -class wave is formed from 3, and a local correction develops as the fourth fourth wave of 3. USD/CHF The husband will continue to decrease to 0.7800 – 0.7600. The level of 0.8580 is very important in this scenario. His outbreak will allow the husband to continue to rise to 0.8857 levels – 0.9195.
This expectation depends on Elliot wave theory. When developing trading strategies, it is necessary to consider the basic factors, as the market situation can change at any time.
Usdchf price scheme in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of the Litefinance Mediator. The materials published on this page are provided for media purposes only and should not be considered to be considered investment advice for guidance purposes 2014/65/European Union.
According to the Publishing Law, this article is an intellectual property, which includes a prohibition on its copy and distribution without approval.
