GWaves

$AUDCHF | Bearish Geo Formation | Targets Defined

FX:AUDCHF   Dolar Australia / Franc Swiss
Hello Traders,

$AUDCHF is on it's last leg of completing a BEARISH Geo'. Targets have been defined. From now on I will have multiple targets defined on every chart I post.

The role of the targets are as follows:

Dark Red - High Probability Target, Low Probability Reversal

Light Red - Medium Probability Target, Medium Probability Reversal

Lightest Red - Low Probability Target, High Probability Reversal

Note that the target of 0.77465 is just a few pips away from the 0.114 line of the CD leg in the large AB=CD pattern defined between points 2-3 and 4-5(5').

Best,
Chartistry
Penafian

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