AUD/CHF forming nice AB=CD pattern on the 4H chart.
This pair has hit its C target setting the stage for a move to point D which will at least 100% of the A-B move. It's very well possible point D stretches to 1.272%, 1.382%, 1.618%, or even 2.618% of the A-B move. We will trade it conservatively and exit near the 100% level of 0.72600.
This pair has hit its C target setting the stage for a move to point D which will at least 100% of the A-B move. It's very well possible point D stretches to 1.272%, 1.382%, 1.618%, or even 2.618% of the A-B move. We will trade it conservatively and exit near the 100% level of 0.72600.
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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.