forextidings

USD/CHF - 2 Bullish & 1 Bearish Elliott Wave Patterns

OANDA:USDCHF   U.S. Dollar / Swiss Franc
The USD/CHF made two bullish Elliott waves, and it's making the third Elliott wave, but this one is bearish. This chart is all about learning to apply the Elliot wave pattern. The first bullish Elliott wave started on the 21st of October and ended on the 23rd of October. And the second bullish Elliott wave started on the 23rd of October and ended on the 4th of November.

Now, from the 4th of November, the bearish Elliot wave started, and The fifth wave is in the still making process. ABC correction is remaining.

If you like my technical analysis on the Elliott wave theory in this chart, then like, comment, and follow me.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.