Similar AUD structures. I am playing off the wick on the right from Jan. If CHF continues to get strong price can exceed to a full fib extension before a rise. I see it has already finished a harmonic cycle and could now be entering an ABC retest and trend continuation into a new HIGH price but below the 800 MA. Price has broken out off the bottom of the angular range and just above the 127 fib ext. on a new impulse wave after the correction we had from .72 to .67 it didnt take long for price to get this far down. It would be a nice ride back up if Aussie continues some quarterly strength
I hope you enjoy this idea. I am already in from the reversal at .6835 with a tight break even stop loss. I have pulled half my profits out of the market already and awaiting TP zone.
I hope you enjoy this idea. I am already in from the reversal at .6835 with a tight break even stop loss. I have pulled half my profits out of the market already and awaiting TP zone.
