ElliottWavePredictions
Long

USDCHF Elliott Wavecount - completion of fifth

FX:USDCHF   U.S. Dollar / Swiss Franc
Good morning everybody,

Here we have the chart for USDCHF , in which we just completed a third wave and a corrective fourth before markets closed for the weekend. The next expected move is a fifth wave up, towards the upper boundary of the leading diagonal we are in.

To take advantage of this possibility, setup like i have there, with a stop loss below the lowest low of the diagonal fourth, and a target at the top of the channel for the fifth.


If you enjoyed, please leave a like :), and follow for more ideas like this, which I will start posting more frequently now that I have began trading myself.
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