Here I have USD/CHF on the 4 Hr Chart!
Price has been making quite a effort working back up since its last encounter as a Double Bottom with the Low @ .83321.
After stabilizing, I have come to believe we are looking at an Elliot Correction Wave!
My idea requires price to break Confirmation @ .85764, then Price Action will initiate my Trade Action Plan.
If Price breaks below .84549, set up INVALIDATED!!
Price has been making quite a effort working back up since its last encounter as a Double Bottom with the Low @ .83321.
After stabilizing, I have come to believe we are looking at an Elliot Correction Wave!
My idea requires price to break Confirmation @ .85764, then Price Action will initiate my Trade Action Plan.
If Price breaks below .84549, set up INVALIDATED!!
Note
Price has broken Confirmation of the Correction!!Price will continue HIGHER!!
If you have not entered already!.. WAIT!!
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Related publications
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.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Related publications
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.