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USD/CHF: wave analysis

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  • USD/CHF: wave analysis

    The price may grow.

    On the daily chart, the downward first wave of the higher level (1) of 3 developed, and an upward correction develops as the wave (2), within which the wave C of (2) forms. Now, a local correction has developed as the second wave of the lower level ii of C, and the wave iii of C is forming, within which the wave (iii) of iii is developing. If the assumption is correct, the pair will grow to the levels of 0.9500–0.9667. In this scenario, critical stop loss level is 0.9112.




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