Dolar A.S. / Franc Swiss
Panjang

USDCHF Long Trade Setup

223
Hello Traders

My expectation has been an up impulse to 1.035 at the minimum and it remains valid but because of the new low, my forecast has become a bigger correction before that upward impulse. As far as I can see, it's making a running flat and the current drop is the B wave in it and based on what we have so far, the last bottom can be the end of Y. After this point, it will either make X or C. In the case of X, I'll hedge my trade, otherwise, I'll book my profit around 1.0000. Now, I'm waiting for a small correction to place a pending order above the lower degree reversal impulse.

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