Pullback happened and price go up until touch ZONE then wave C Complete
important zone showing in chart , price will go down to zone this is is important Fibo and Projection area for rebound. Trade with care.
price must go down Strong Sell signal when price under 1.0367
S/R Say usdcad going down also Elliott Correction of Wave C too
my idea is gbpchf in correction . in daily view we see complex correction but in weekly we see Simple as ABC now wave C started. often wave C have 5 elliott wave .
Wave 4 Started and Sell Signal activated until price go down to Strong Support or near Fibo 38.2 or 50 Wave 3
Wait After S/R Zone Breake And Confrim Candle then sell
Wait For price Break Uptrend Line And sell with care
Wait For Bat Complete & Price go up to Channel Roof Then Sell
two Scenario 1- If Brake 89.000 Tp is 92.500 2- If Can't Break Tp is Under 85.000 Good choise is Wait for Break Resistance Area
Target of W4 is 81.000 then W4 will end and W5 Start