π USDCHF Short Setup π
I'm identifying a potential short opportunity on USDCHF based on Elliott Wave analysis.
π Wave Analysis:
Weβve completed waves (1), (2), and (3) with a recent high at the end of wave (4).
The target for wave (5) is at 1.618 Fibonacci extension level around 0.896.
π― Target:
Entering short around the 0.90398 level, aiming for the continuation of the downtrend to reach 0.896.
Keep an eye on the retracement level and confirmation signals before entering the trade. ππ
I'm identifying a potential short opportunity on USDCHF based on Elliott Wave analysis.
π Wave Analysis:
Weβve completed waves (1), (2), and (3) with a recent high at the end of wave (4).
The target for wave (5) is at 1.618 Fibonacci extension level around 0.896.
π― Target:
Entering short around the 0.90398 level, aiming for the continuation of the downtrend to reach 0.896.
Keep an eye on the retracement level and confirmation signals before entering the trade. ππ
Trade closed manually
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