ew-forecast

Elliott Wave Analysis: USDCHF Could Be In For More Gains

FX:USDCHF   U.S. Dollar / Swiss Franc
On the USDCHF             we are looking at higher degree corrective move, that consist out of three waves A-B and C. As we know waves A and C are motive waves, meaning each have five sub-waves and wave B is a corrective wave, meaning that price usually slows down when in the middle of a wave B correction. In our case this wave B correction seems to be a triangle, a complex pattern that usually after its completion pushes price higher, and as we see on the chart, the final wave E of a triangle seems already over, thus meaning we could be at the start of a new five wave move into blue wave C-circled.

Break above the red wave (D) swing could be the confirmation point of view and could mean that the correction is over and more upside may follow.
Crypto Service >> https://ew-forecast.com/service/
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out