FX:USDCHF   U.S. Dollar/Swiss Franc
1036 4 77
USDCHF             still at the top of corrective daily channel. Divergence on 240 charts signalling more down side to come ,
Breaking the 240 top (still part of 5th wave) will make more divergence . I will be looking to sell if it breaks the 60 min bear flag .
Any buy will be after a sharp impulse breaking out of channel and consolidating above channel.
Making a higher high does not negate the wave count as yet.

Please DO NOT follow anyone's analysis unless you have done your own , use any idea posted as a support of what you see or as a reason to re-look your own analysis to make sure you are not missing anything . Remember we are all wrong sometimes.

Trade with care and use good MM. Like and comment . All ideas are welcome even if it is opposite to what I see.
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ending diagonal?
+1 Reply
Thank you
Is it possible for wave 4 to enter wave 1 territory ?
maybe its going to test the up trend like you told me before
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