BullBearMkt

USDCHF Is Still In A Complex Corrective Structure

Singkat
FX:USDCHF   Dolar A.S. / Franc Swiss
USDCHF is most likely to be going through a complex corrective structure. With an uptrend a-b-c structure completed mid-2019, another corrective structure has also emerged on weekly chart. This time around it's a downtrend. Wave pattern a- and b- have been observed, what's left now to complete is the c- part. According to Elliot wave, c-pattern likely to have a 5 wave structure (probably 3 in some cases). Will the last leg end up in a-b-c corrective structure OR WXY or even a motive structure?

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