USDCHF - Daily Chart - Weekly Forecast 20 May 2024 - Image

Short

U.S. Dollar / Swiss Franc (FX:USDCHF)

FX:USDCHF U.S. Dollar / Swiss Franc

Trend Analysis Chart Patterns Wave Analysis

trendanalysis chartpattern waveanalysis

snapshot

As per the Image, we had a consolidation at the bottom left, and then three drives high to a top.

This top aligned with our 3x fib extension of the consolidation.

After hitting the top, we have closed below a green candle, potentially suggesting a top.

I see a shorting opportunity for us to now go back down to the lows.

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