AB=CD PATTERN
It appears as though an AB=CD pattern has formed on the USD/CHF. If however price does continue higher then I will expect a decent move upwards, if the AB=CD is violated. This is a counter trend possibility, so I will wait for candlestick confirmation before I consider any short entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.