TradingView
Twanontherun
Jul 1, 2020 6:37 AM

EURCHF Long Long

EUR/CHFOANDA

Description

Eurchf has came to an abrupt end of its five wave move. Pushing up form 1.05024 area up through some nice S/R . The correlation between the percentage retracement (0.236) of the first (A) wave, compared to the previous five wave move. As well as the percentage retracement ( falling close to 0.236) of the (B) wave leads to the possibility of a (C) wave move back towards the up side in the near future. These two retracement correlations also fall on previous areas of S/R (14Feb 17).
More