7pasos

5 waves down finished?

FX:USDCHF   U.S. Dollar / Swiss Franc
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Here i have the down movement counted as down five, and as you can see (more if you look down into a 5m timeframe) still have a lower low in the momentum. This lack of divergence in the very end of the fifth wave tell us that the odds are more in favor of a more decline still to come, even when is clear that the wave is near to its end.

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