After a strong bearish impulse USDCHF is now in a corrective structure constructed of five bullish waves, an abc correction and a five wave ending diagonal. A more conservative approach would be to enter when price breakout of the ending diagonal
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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.