USDCHF | Price Can Move Lower During This Week Up To 0.9160
During the previous analysis the price reached the first target and it pulled back up again.
So now we can see the price repeating the same movement again.
In this trade, we are watching for a trend continuation trade.
The price is testing the structure and it can move lower again.
The downward wave can be completed as a 5-wave movement
by targeting 0.9200 and 0.91600 as potential completion area
for the 5-th wave.
Thank you and Good Luck!
Previous analysis:
During the previous analysis the price reached the first target and it pulled back up again.
So now we can see the price repeating the same movement again.
In this trade, we are watching for a trend continuation trade.
The price is testing the structure and it can move lower again.
The downward wave can be completed as a 5-wave movement
by targeting 0.9200 and 0.91600 as potential completion area
for the 5-th wave.
Thank you and Good Luck!
Previous analysis:
Comment:
Please wait for the price to show selling signals before you sell USDCHF
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