Eur/chf
Echf coming off .618. The truth is, I have no idea how the pattern will play out, but consider the measurements of that 3 wave I expect further corrective structure to develop upward. I circled that pattern to the left just to show you one possible way it can do it. Maybe we are just looking at a running flat and it continues up, to break the high. I just don't see it making such a sharp move down from the major high and then only doing a stunted 3 wave to 50% for a wave 2. That's just not Eur/Chf's personality...
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