📈 USDCHF Short Setup 📈
I'm identifying a potential short opportunity on USDCHF based on Elliott Wave analysis.
🔍 Wave Analysis:
We’ve completed waves (1), (2), and (3) with a recent high at the end of wave (4).
The target for wave (5) is at 1.618 Fibonacci extension level around 0.896.
🎯 Target:
Entering short around the 0.90398 level, aiming for the continuation of the downtrend to reach 0.896.
Keep an eye on the retracement level and confirmation signals before entering the trade. 🚀📊
I'm identifying a potential short opportunity on USDCHF based on Elliott Wave analysis.
🔍 Wave Analysis:
We’ve completed waves (1), (2), and (3) with a recent high at the end of wave (4).
The target for wave (5) is at 1.618 Fibonacci extension level around 0.896.
🎯 Target:
Entering short around the 0.90398 level, aiming for the continuation of the downtrend to reach 0.896.
Keep an eye on the retracement level and confirmation signals before entering the trade. 🚀📊
Trade closed manually
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