RSS USD/CHF: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

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 RSS USD/CHF: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

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Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8890 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.8890. Stop Loss: above 0.8920, Take Profit: 0.8586 – 0.8386. Alternative scenario: Breakout and consolidation above the level of 0.8890 will allow the pair to continue rising to the levels of 0.9024 – 0.9222. A buy signal: the level of 0.8890 is broken to the upside. Stop Loss: below 0.8860, Take Profit: 0.9024 – 0.9222. Main Scenario Consider short positions from corrections below the level of 0.8890 with a target of 0.8586... Read full author’s opinion and review in blog of #LiteFinance
 
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