USD/CHF Wave analysis
The bears gave a respite to the bulls and let the counter cool-off for the past few days.
The upside correction is the wave 4 of the bear cycle which is an abc correction.
Now, the counter has formed a head and shoulder pattern indicating the commencement of wave 5.
And hence we expect the pair to continue its bear cycle.
However, if you do want a precise entry and exit point, do subscribe to our premium service, where we cherry pick the low-risk, instant profit setups.
The upside correction is the wave 4 of the bear cycle which is an abc correction.
Now, the counter has formed a head and shoulder pattern indicating the commencement of wave 5.
And hence we expect the pair to continue its bear cycle.
However, if you do want a precise entry and exit point, do subscribe to our premium service, where we cherry pick the low-risk, instant profit setups.
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