I am BULLISH for CHF for the week of 8/19/18. If EurChf breaks 50% retracement, I have price in a very nice zone for a sell from previous support and resistance. Elliott wave confirmed with ABC correction w/ inverted H&S and Stoch overbought. I am expecting a new downward 1-5 wave which just may break support of the inverted head. If the inverted head support is respected, possibly a new Head and Shoulders forming.
This is only an idea and please trade at your own risk.
Happy Trading!
This is only an idea and please trade at your own risk.
Happy Trading!
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edited update:
