#USDCHF - UniverseMetta - Analysis
Continuation of the trend - a potential 5th wave; an ABC structure may form and allow the price to continue its momentum towards the level of 0.92250. In order not to increase risks, it is better to consider exiting when the support level consolidates or breaks through. Local targets 0.89505. Next, a correction may form, and volumes can be increased for further upward movement.
Target 0.89505 - 0.92800
Continuation of the trend - a potential 5th wave; an ABC structure may form and allow the price to continue its momentum towards the level of 0.92250. In order not to increase risks, it is better to consider exiting when the support level consolidates or breaks through. Local targets 0.89505. Next, a correction may form, and volumes can be increased for further upward movement.
Target 0.89505 - 0.92800
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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.
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.