We've had a clear 3-wave corrective rally off the 0.96940 in USDCHF.
Targets are marked and derived by using Fibonacci extension off of the 5th wave.
Targets are marked and derived by using Fibonacci extension off of the 5th wave.
Trade closed: stop reached
Waiting to see how we react to the 1.00150 level now. If we breach that, then USDCHF can be said to have carved out a bottom.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.