FX:USDCHF   U.S. Dollar / Swiss Franc
78
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.

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.