USDCHF Possible Wave count 17 JAN 16

Here is my possible wave count for the USDCHF. Rather this is X or 2, we have a setup for a good entry for a trade here. Stop loss would be above the Circle X. The 61.8% is a very conservative high probability target. If you can watch the count all day then maybe you can go lower, however im not planning to catch the entire move, just the probability of reaching the 61.8 level.
chfElliott WaveForexUSDUSDCHFwave

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