USDCHF

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USDCHF – Bears to break the low – December 22nd, 2020

The market has been declining since a triangle in wave ((iv)) finished as a triangle. Wave (iv) has finished as a double zigzag. In this case, the market is likely going to continue unfolding wave (v) of ((v)) in the short term, so the price should break the low of wave (iii) shortly.

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USDCHF – Ending diagonal to continue unfolding – December 18th, 2020

The market has been declining since a triangle in wave ((iv)) finished as a triangle. The fifth wave of wave ((v)) is likely taking the form of an ending diagonal. If correct, a fourth-wave correction inside the pattern should begin shortly. The main critical level for this scenario is the high of wave iv of …

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USDCHF – Ending diagonal to continue unfolding – December 17th, 2020

The market has been declining since a triangle in wave ((iv)) finished as a triangle. The fifth wave of wave ((v)) is likely taking the form of an ending diagonal. If correct, a fourth-wave correction inside the pattern should begin shortly. The main critical level for this scenario is the high of wave ii of …

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USDCHF – Triangle to end soon – December 14th, 2020

The market has been declining since a triangle in wave ((iv)) finished. The fourth wave of wave ((v)) is likely taking the form of a triangle. If correct, the price should test the pattern’s upper since before another bearish impulse begins. The main critical level for this scenario is the high of wave c of …

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USDCHF – Bears to continue unfolding fifth wave – December 11th, 2020

USD/CHF, Daily chart. It seems like wave ((iv)) took the form of a triangle. If so, a fifth-wave might be already underway. That’s why bears are likely going to push the price even lower the short term. USD/CHF, 2Hours chart. It’s possible that there’s a developing bearish impulse, which supposed to be the third wave …

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