I have seen a beginning diagonal on USDCHF where all 5 waves were counted. The previous ending diagonal has ended and I am looking for a long position between the 50% and 61.8% retracement of the previous upwards move. The profit target is the 1.618 extension of the move upwards down to the 61.8% level for a take profit of 0.921, which occurs at the September monthly high. The stop loss is below the bottom, which has sustains many retests
Elliott WaveFibonacciWedge

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