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.
Comments
pippo
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ending diagonal?
MohammedSolaiman
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maybe its going to test the up trend like you told me before
ricardasvilkas
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Is it possible for wave 4 to enter wave 1 territory ?