Which way is USDCHF going?

Updated

Currently, the price is in the 4th ending diagonal wave in the form of a diametrical pattern, so we should be ready to start the wave (g).

After that, the price will probably go down again to ~~0.85912~~ to complete the ending diagonal pattern.

Note

We opened the buy position at the best possible point, I hope you have also used it.

Trade closed: target reached

We have reached the goal and we can now close the SELL position and look for buying opportunities

Note

After the signal of falling price up to the trend line 1-3, the buy signal of 0.86105 has worked well and we have made a good profit so far. It seems that in this range, it can have a return to the 2-4 trend line up to the range of 88129-87554 and then continue to grow.

NEoWave-Academy

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