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Corbeau_FX

USDCHF | Closing the Weekend Gap|

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Corbeau_FX  
FX:USDCHF   U.S. Dollar / Swiss Franc
Supply and Demand Economic Cycles Multiple Time Frame Analysis supplydemandanalytics usdchfanalysis usdchflong supply_and_demand smartmoney institutionallevels
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supplyanddemand economiccycle mtfa supplydemandanalytics usdchfanalysis usdchflong supply_and_demand smartmoney institutionallevels
I expect USDCHF to close the Weekend Gap Soon. I also plan to hold that trade for a longer period of time. On the Daily, this setup will try to catch the fifth impulse wave. Wave 1 to 4 already completed in my opinion. Also, the price made a complete 3 waves corrective cycle = Retracement Completed.

Two probable scenarios:
1. The price retraces to the origin of the impulsive wave (Demand Zone) and continues it's way up. (Be aware of the weekend gap (Trouble area)
2. The price goes as far as the weekend gap before retracing to the origin of that impulsive wave.
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