USDCHF: Confusion To Clarity. In Other Words, IDK To MIK!

Ok, first for those that are scratching your head as to what is IDK and MIK? No, they are not some new tech terms. IDK = I Don't Know and MIK = Maybe I Know. And that is where I stand with this pair. Nothing to hang my hat on for the time being but this is what I think is happening....

In this current 4HR chart, I’ve mad some changes to my wave count and outlook based on the current price actions. I now believe that the initial move up was a completed 5-wave wave A. Prices are now working its’ way through the wave B and that wave B is unfolding in a complex manner. Most likely in a WXY pattern with an ending triangle. That triangle is still in development and right now in its’ leg D. Once that is done, leg E down will complete the triangle and see an end to the wave B.

There is a POTENTIAL Bat that is still waiting to be completed.

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