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fokozottan

USD/CHF Possible bearish cypher pattern formation in the process

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
fokozottan  
FX:USDCHF   U.S. Dollar / Swiss Franc
Harmonic Patterns Cypher USDCHF dollarswissfrank swissfranc swiss dollar short shortsetup
3
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harmonicpatterns cypherpattern usdchf dollarswissfrank swissfranc swiss dollar short shortsetup
The B point is in the 0.382 to 0.618 range, the C point in the 1.1272 to 1.414 range. After the formation of the final D point we could set profit targets with the Fibonacci retracement by pulling it from the X point to the C point in the 0.618 or 0.382 levels. Nothing is certain yet, but we need to keep an eye out.

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fokozottan
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