USD/CHF has just started plunging into downward direction with wave 5.
Its Final target will be like this:
A:1.0239-(1.8205-0.7066) x Fib.50%=0.4670 or
B:1.0239-(1.8298-1.5901) x Fib.161.8%=0.6361 or
C:1.0239-(1.8298-1.5901) x 1.272=0.7190 (wave 5 Failure) or Double bottom (0.7066)
I would say abovementioned B target will be more possible.
Nikita FX (climbingfx.jugem.jp/ )
Its Final target will be like this:
A:1.0239-(1.8205-0.7066) x Fib.50%=0.4670 or
B:1.0239-(1.8298-1.5901) x Fib.161.8%=0.6361 or
C:1.0239-(1.8298-1.5901) x 1.272=0.7190 (wave 5 Failure) or Double bottom (0.7066)
I would say abovementioned B target will be more possible.
Nikita FX (climbingfx.jugem.jp/ )