USDCHF D1 Ending A Motive Pattern.
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W1 Were in an extended wave Y with price breaking threw the 200fib, still potential downside to the 250fib extension but I'm expecting to see a X2 up, downside limited.
D1 We have 5 down with bullish divergence forming, price sitting around the 161.8fib in wave Z. Wave Z may not be over but i'm only looking for buy setups on the lower timeframes targeting the W1 38.2fib retracement.
Good luck and trade safe!
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W1 Were in an extended wave Y with price breaking threw the 200fib, still potential downside to the 250fib extension but I'm expecting to see a X2 up, downside limited.
D1 We have 5 down with bullish divergence forming, price sitting around the 161.8fib in wave Z. Wave Z may not be over but i'm only looking for buy setups on the lower timeframes targeting the W1 38.2fib retracement.
Good luck and trade safe!
Thanks for taking a look and if you like this idea hit the thumbs up to show your appreciation for this free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Enjoy!
Dagangan ditutup: sasaran tercapai:
1st target hit, wait for correction then short for W1 Z down.
