nikitafx
Short

USD/CHF wave counting & Final target (Nikita FX )

FX:USDCHF   U.S. Dollar/Swiss Franc
401 0 0
USD/CHF             has just started plunging into downward direction with wave 5.
Its Final target will be like this:

A:1.0239-(1.8205-0.7066) x Fib.50%=0.4670 or

B:1.0239-(1.8298-1.5901) x Fib.161.8%=0.6361 or

C:1.0239-(1.8298-1.5901) x 1.272=0.7190 (wave 5 Failure) or Double bottom (0.7066)

I would say abovementioned B target will be more possible.

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