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Koryphaeen
Jul 16, 2017 4:28 AM

EURCHF potentail wave count Short

Euro Fx/Swiss FrancFXCM

Description

This is my view on EURCHF potential moves to follow, we made a weekly impulse up and now we are in the weekly ABC correction. Within the ABC weekly correction we can see an impulse down as a weekly A wave and a 3-3-5 wave as a weekly B wave. It is my strong believe that we just finished B wave and we will start now the C wave which, different from A wave, should be a 5 wave wave.

Be cautious when you pick your entry point. Trade your own entry strategy, do not wait for others to tell you what to do. I will update the chart in the moment I enter the trade with SL and TP targets well defined. In this moment this chart is only a directional forecast, there is no sell or buy setup on it as yet.

Order cancelled

The idea is not valid anymore, structure has changed when PA broke the top.
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