Caiphas

B wave converging triangle

FX:USDCHF   U.S. Dollar / Swiss Franc
the triangle consists of five wave correction that often occure in the 4th or B wave position, each of five waves usually subdivides into 3 waves, and in this case we are on the B wave as this is the correction of the previous trend, once the market breaks the b,d trendline , the triangle is complete, and we can therefor go long.

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