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Pisces_Investments

Eurchf Short Idea

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Euro / Franc Swiss (FX:EURCHF)  
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FX:EURCHF   Euro / Franc Swiss
Wave Analysis Harmonic Patterns
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I am BULLISH for CHF for the week of 8/19/18. If EurChf breaks 50% retracement, I have price in a very nice zone for a sell from previous support and resistance. Elliott wave confirmed with ABC correction w/ inverted H&S and Stoch overbought. I am expecting a new downward 1-5 wave which just may break support of the inverted head. If the inverted head support is respected, possibly a new Head and Shoulders forming.

This is only an idea and please trade at your own risk.
Happy Trading!
Komen:
edited update:
H&S Eurchf Short
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