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Elliott Wave Charting: Usd/Chf 4h Review

TheLFB Trader Advantage Detail

Elliott Wave Charting: Usd/Chf

Usd/Chf fell below the 1.0506 level which and put a Short trend in play. The recent upward price action from 1.0506 was clearly corrective, labeled as a wave X) that topped out at the 1.0750 zone. A new impulse Short wave is now underway and may reach the 1.0450 Fibonacci extension level in the near-term, where a black C/3 could find a base. Short moves will remain in play so long as the 1.0590 resistance low of a black wave 1/A holds.

THeLFB ChfTheLFB Charting: Usd/Chf 4h view

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