AUD/CHF forming nice AB=CD pattern on the 4H chart.
This pair has hit its C target setting the stage for a move to point D which will at least 100% of the A-B move. It's very well possible point D stretches to 1.272%, 1.382%, 1.618%, or even 2.618% of the A-B move. We will trade it conservatively and exit near the 100% level of 0.72600.
This pair has hit its C target setting the stage for a move to point D which will at least 100% of the A-B move. It's very well possible point D stretches to 1.272%, 1.382%, 1.618%, or even 2.618% of the A-B move. We will trade it conservatively and exit near the 100% level of 0.72600.