The second scenario

50
USDCHF May 8,2020

Because USDCHF seems did ending diagonal , I assume that minute wave b is just finished on yesterday 05072020, and it will be becoming a start drop of wave minute C.

I cancel triangle ABCDE scenario ( although it still can be possible, but let said that was as my first scenario that I posted yesterday ), but I talk about today which I think this is only FLAT CORRECTION ABC . Please see big box orange. So today I provide you this analysis as second scenario.

So , it will be great entry to setup sell limit on 0.97599, SL 0.97999, and TP 0.95883.

I hope it can be understand that in market we must flexible. Enjoy my free analysis. And please follow me.

Thank you very much

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