There is deep bearish gartley with ABCD pattern completion around same area. As usual keep your stops above X for this even if you are entering with ABCD as entry reason. Targets can vary choose which is best for you. In the XA leg, there is inner price swings, some will disapprove its not pattern. but it all comes to what your plan says and whether it worked...
FX:EURCHF Safe Trades;
short EURCHF near 1.0908, AB=CD confluence at D completion
I think there is High probability to go short. Any comments are welcome
EURCHF Sell Idea On the H1 chart we can spot a bearish divergence and a potential double wave cycle. Bottom of range is also the neckline of a potential H&S pattern. As long as last high holds sell the break of the range support 1.0938 TP 1.07703 SL 2 pips + spread above last high.
STOP MOVED TO LOCK IN PROFIT AFTER PRICE BREAKS TREND......LOOKING LESS BEARISH BUT WE WILL SEE.....
FX:EURCHF Elliott Impulse: Bearish Bat: / Short WHEN and IF completed... Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD Safe Trades
Rising Wedge breakout after reaching strong resistance.