FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF trade idea...Seems a correction from the heavy sell of chart forming elliot wave12345 pattern ..we can see chart is about to complete wave 3 and wedge formation is a sign of trend is coming to an end once the market breaks out the wedge will reach the 38.2% fibonocci ratio and may took a sell of as many sellers are sitting over there...I would note nter any buy trade right now i would be looking for a sell off , Once we see the selling pattern at 38.2% ratio

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.