Get started
U.S. Dollar / Swiss Franc
Short

USD/CHF Possible bearish cypher pattern formation in the process

By fokozottan
The B point is in the 0.382 to 0.618 range, the C point in the 1.1272 to 1.414 range. After the formation of the final D point we could set profit targets with the Fibonacci retracement by pulling it from the X point to the C point in the 0.618 or 0.382 levels. Nothing is certain yet, but we need to keep an eye out.

Good luck
fokozottan
CypherdollardollarswissfrankHarmonic PatternsshortshortsetupswissswissfrancUSDCHF
fokozottan

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.