U.S. Dollar / Swiss FrancUpdated Wave Count
If the wave count is correct, there will be the fifth wave based on Elliott. If the count is not correct, it has been forming a double bottom by now.
Still need further confirmation prior to any trading action.
Still need further confirmation prior to any trading action.
Note
Usually (not always), the fourth wave is a Zigzag flat corrective wave. So, you may well eat up the second wave & the third wave inside the Zigzag with little risk.
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.