USDCHF Elliott Wavecount - completion of fifth
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.
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.