Solid News
USDCHF, Elliot Wave Analysis
3/15/2023 10:34 AMGrowth is possible.
On the daily chart, the third wave of the higher level 3 forms, within which the upward first wave (1) of 3 developed, a correction ended as the second wave (2) of 3, and the upward wave (3) of 3 develops. Now, the first wave of the lower level 1 of (3) is forming, within which the wave i of 1 has developed, and a local correction has ended as the wave ii of 1. If the assumption is correct, the USD/CHF pair will grow to the area of 0.9600–0.9819. In this scenario, critical stop loss level is 0.9057.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com