U.S. Dollar/Swiss FrancFXCM
Description
⋅ THIS IS NOT A TRADING ADVICE!!!
INFORMATION HERE WILL BE USED FOR A FUTURE AI
Direction: Descending
Tendency: Ascending
1W CHART
ABC descent from 2001, June and WXY correction ended on 2016, December. I know expect to see a 12345 impulsive wave to create a new ABC downwards.
1D CHART
Chart shows how we ended leg 1 and 2 of impulsive 12345. Now I believe we are at 3rd leg and system is forming 2nd sub-leg of leg 3.
4H CHART
Chart shows the formation of 2nd leg, I expect to see a triangle as sub-leg 2. Comment
⋅
wedge is coming to an end, expect to see more descending candles.