Sandeep_Gupta
Short

Ending Diagonal#USDCHF#7-12-2014#

FX:USDCHF   U.S. Dollar / Swiss Franc
Ending diagonal is forming the fifth wave on 4 hour chart. Once price shows the reversal candlesticks , one can sell. The reversal may end to the starting of the wave 5 or ending diagonal's starting point.
Hi, what is the next target in this pair accordign to you?
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According to the observations, the correction after the ending diagonal completes lasts up to the beginning of the diagonal, in this case , as I have pointed out it may correct up to 0.93947.
+1 Reply
NikNik Sandeep_Gupta
thanks.. do you have any target for chf/jpy?
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Thanks
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Sandeep_Gupta AleksandrV
Welcome.
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Perfect, I'm with you on this one, but I originally spotted this as a bigger wolfe waves pattern in the daily.
4h ED looks solid.
Thanks Sandeep ;)
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Sandeep_Gupta IvanLabrie
Welcome.
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hi Guptaji.. what is your take on chf/jpy?
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Double top is forming on 4h chart, let some reversal candlestick form then one can sell for a target of 119.413.
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NikNik Sandeep_Gupta
Thanks Guptaji. Today we are seeing a sell off from the highs of 124.50.. So, we can target 119.50 now?
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