USDCHF - Targeting Next Impulse Lower Short

USD/CHFOANDA

Description

⋅ Jul 4, 2019 9:49 PM

We've had a clear 3-wave corrective rally off the 0.96940 in USDCHF.

Targets are marked and derived by using Fibonacci extension off of the 5th wave.

Trade closed: stop reached

⋅ Jul 5, 2019 12:44 PM

Waiting to see how we react to the 1.00150 level now. If we breach that, then USDCHF can be said to have carved out a bottom.

Comments

Bullandbeartrading

⋅ Jul 5, 2019 2:52 PM

I see hard work in this post. Keep it up, @ImreSG