USDCHF: Nice setup for a short opportunity

٢٦ أغسطس ٢٠١٥

Current wave may be wave C with 5 wave structure. Why?

• Previous wave is a 3 waves structure. So, it should be wave B.
  
• Price dropped down impulsive and fast. This wave could be wave 3 of wave C.
  

Trade setup:

• Sell @ the break out or
  
• Sell @ 61.8% fibo level