Correction is completed, the pair USD/CHF is likely to continue growing. Estimated pivot point is at a level of 0.9848.
Main scenario: long positions will be relevant from corrections above the level of 0.9848 with a target of 1.0241 – 1.0400.
Alternative scenario: breakout and consolidation below the level of 0.9848 will allow the pair to continue declining to the levels at 0.9715 – 0.9556.
Analysis: Supposedly, the third wave of senior level 3 of (3) continues to form on the D1 time frame. On the H4 time frame, supposedly the first wave i of 3 of (3) has formed…
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