CurrencyWaves
Long

#USDCHF Weekly Bullish Count

FX:USDCHF   U.S. Dollar / Swiss Franc
The weekly Bullish count is looking for a 3 wave move down to complete an "e" wave of the "b" wave triangle. After the triangle completion the pair should have a pretty strong move up to the 1.15 area.

The 1.15 target area has three measurements that complete in that area. (Y) = (W), c = a and the width of the triangle.

A break of .94439 would invalid this triangle count but would still leave the possibility of a larger c wave to complete before moving higher in d. A break of .90719 would eliminate the triangle all together.

Note the triangle in the RSI . This should give clues as to the bounce and direction.
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