Hello Traders,
Today I'm Sharing Eur/CHF Analysis. It looks like a corrective wave is developing, notice also a possible Head & Shoulder pattern formation is developing as well. If my analysis is correct i will be looking for Long entry position between 1.0791 and 1.0748 with a stop loss just below the end of wave 4 of 3 @1.0732. If price doesn't retrace as i said, wave 3 is still developing and may go to 2.618 Fibonacci level @ 1.0003.
Today I'm Sharing Eur/CHF Analysis. It looks like a corrective wave is developing, notice also a possible Head & Shoulder pattern formation is developing as well. If my analysis is correct i will be looking for Long entry position between 1.0791 and 1.0748 with a stop loss just below the end of wave 4 of 3 @1.0732. If price doesn't retrace as i said, wave 3 is still developing and may go to 2.618 Fibonacci level @ 1.0003.