USDCHF structure shows possibility for both sides.For now its upside so look to get in buys on lower timeframes until 0.9940 area. From that area it'll decide to either break for more upside or it'll be a 5 wave structure and have another move down before breaking to upside.Upside targets would be potentially 1.0100, 1.0250 and finally 1.0400. Trade your plan
Note
We have a breakout of the 1hr correction, wait for some consolidation before buying:Note
Update:Wait for C wave to end and then buy breakout
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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.