Here we see a breakout from the weekly downtrend resistance, It broke through and made a retest making the resistance a support. Having the CHF in our side, this will surely be a long trend for the rest of the week.
This graph shows a Daily clear ABCDE Elliot Wave for a bullish trend. Once it reaches the weekly resistance wait for a breakout, then a retest. If news are good for the market it will continue rising, otherwise prepare for a sell
This is a correction from my previous Idea, the elliot wave indicates a clear ABDCE indicating a short trend, later hitting the weekly support, from there we need to see if the trends breaks the weekly support or reverses bullish
I can see here a clear wedge coming from the descending channel. it forms an ABCDE Pattern, with the E shooting upwards. if the news do not change, this can be a bullish trend reaching out the resistance and surpassing it to the weekly resistance. then reversing into the weekly support. Let's see how this plays out next week
Here we have an ABCDE elliot wave wedge, with a clear pattern. The bars are between both of the Weekly resistance and support. We are looking for a possible reversal next week.
