USDCHF Outlook w/ 3 points of Confluence

8 Oca 2022

This is a price action outlook that I will watch for next week.

3 points of CONFLUENCE for target at 93.150:
1) 1.618 Wave 5 extension of Elliot wave
2) 50% of the 4-hour imbalance
3) Potential Bearish Cypher Harmonic point D @ 78.6

An additional point of confluence is the Quarter Level.

I would post the overall technical analysis used to drill down to this point but the chart is quite busy. If it is requested, I will post.

8 Oca 2022

Not

Cleaned up a little with a refined second entry opportunity.

10 Oca 2022

İşlem aktif

First Target Achieved

12 Oca 2022

İşlem kapandı: hedefe ulaştı

Second Target Achieved prior to nearly an 88.6% retracement so far.

27 Oca 2022

Not

Outlook Target Achieved; look for potential opportunities for bearish retracement.