Dashboard

Solid News

USDCHF, Elliot Wave Analysis

2/1/2023 10:09 AM

Growth is possible.

On the daily chart, the third wave of the higher level 3 develops, within which the upward first wave (1) of 3 formed, a downward correction ended as the second wave (2) of 3, and the development of the upward wave (3) of 3 started. Now, the first wave of the lower level 1 of (3) is forming, within which a local correction is ending as the wave ii of 1. If the assumption is correct, the USD/CHF pair will grow to the area of 0.9455–0.9600. In this scenario, critical stop loss level is 0.9081.




Find Us
Registered Address : Bonovo Road – Fomboni Island of Mohéli – Comoros Union
Physical address: Oasis Moroni,RN1 bureau No 03 Rez-de-chaussée, Comoros Union
Mail Us
[email protected]
Call Us
+269 320 20 60


Risk Warnings
Solid ECN Securities LLC offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience. Seek independent advice, if necessary.
Solid ECN Securities LLC does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Solid ECN Securities LLC is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
By using solidecn.com you agree to use our cookies to enhance your experience.
Solid ECN Securities LLC is authorized and regulated by the Comoros Union with reference number HY00623411.
Disclaimer 1: The information provided on this site is not intended for residents of any country or jurisdiction where its distribution or use would violate local laws or regulations.
Disclaimer 2: Solid ECN Securities LLC and it affiliates does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.
Copyright All Right Reserved 2025 SolidECN.com