ChrisMark
Short

$EUR vs. $CHF Daily Chart. Upside Termination| #eur #chf #forex

FX:EURCHF   Euro / Schweizer Franken
Traders,

The five-wave sub-minuette impulsive pattern is coming to an end, paving the way for the larger minute degree, 5-wave             sequence to start its 4th corrective wave structure.
When subdividing wave 3. into five smaller degree waves, we see that its concluding 5th-wave can be seen unfolding into a contracting/ending diagonal pattern, composed of five internal waves, subdividing into 3-wave             sequences.
Fibonacci price measurements converge, projecting terminal price targets, which indicates that price action diffuses, loses its momentum and energy, so at that point we create a "reversal signature", where a price rejection could be enough to validate the diagonal's completion.
Downside targets are already measured, however, an update of them will follow after the reversal signature has been confirmed.

Trade with Discipline
Best
Kommentar: Don't miss the flag
Kommentar: Price reached determined target and reversed. A "throw over" took place. Is it the start of the drop ?
Kommentar: The reversal signature awaiting at 1.79900(+/-) has been validated. Now price broke out, and call for a drop.
Kommentar: Correcting. Sell setup
Kommentar: A closer look. Expecting more retracement rise before the downtrend continuation.
Kommentar: Correction is coming to an end, watch for downtrend continuation.
Kommentar: Still looking for the downside, maybe extended C. Invalidation level still intact
Hi Sir.
Will you update count?
Thank you for ypur interest.
Antworten
It seems to be ending correction.
Thank you for everything...
Antworten
Dear Chris, was ABC the pattern invalidated from the fact that EURCHF impulsed up so much ?
Thank you,
+1 Antworten
ChrisMark Nicemate
Hi @Nicemate, still looking for the downside, maybe extended C. Invalidation level still intact
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden