For the EUR/CHF pair, it appears that we have completed (or almost completed) the fourth-wave correction in the form of a Zigzag. Several factors support this assumption:
• The price bounced off the price channel, signaling a potential continuation of the trend.
• Wave 2 retraced to the 61.8% Fibonacci level, suggesting that Wave 4 was likely to correct to 38.2%, which is exactly what happened.
A breakout above Wave B of the Zigzag at 0.95985 would confirm the bullish scenario, making it a valid level to consider long positions.
• The price bounced off the price channel, signaling a potential continuation of the trend.
• Wave 2 retraced to the 61.8% Fibonacci level, suggesting that Wave 4 was likely to correct to 38.2%, which is exactly what happened.
A breakout above Wave B of the Zigzag at 0.95985 would confirm the bullish scenario, making it a valid level to consider long positions.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.