USDCHF-We are in connecting wave X) Y) to 0.9340 and above...
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Market Commentary:
1. I am expecting a bounce or reversal for short term for wave Y) to 0.9375 and above.
2. Invalidation is 0.8945 for this pattern WXY currently we are in the connecting wave X).
3. Once it reach above in 3 waves to 0.9375 we expect a down trend or if it breaks the high 0.9473 it will become irregular flat in wave (b)(blue).
4. If it breaks the high 0.9473 then break of 0.8945 is tough to do that for wave (b)(blue).
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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