GBPCHF Short Short

British Pound/Swiss FrancFXCM

Description

⋅ Jul 14, 2020 2:01 PM

End of Wave 5 Projection. W2 was a short sharp correction then W4 was a slightly deeper and more drawn out ABC correction. W4 does overlap into W1 by 15.8%. My overlap limit is between 10-15% but this trade seems very compelling.

Wave Analysis