Currency Pair = NZD/USD.

ElliottwaveSignal:

Short-Medium term trade.

TimeFrame = 4Hrs.

Signal = Buy at market Price.

Risk Reward Ratio = >2.0~3.0 (Medium-High Risk Trade)

Our Short term target between 0.8520~0.8540 area.

Exit at below 0.8410 area.

Today we want to zoom-in in order to get Elliott wave signal short term trades .Time frame that we use to analyse is 4Hrs.From there we got few Elliott wave Degree projection which we can assume for our next target.First is target for Elliott SubMinuette Wave (3) Degree at 0.8520 area and second is Micro Wave Degree (wave v) at 0.8540 area.

Both of them can be a strong resistance since 161.8% of fibonacci expansion is just above that area.After our target archived we expect first wave (a) correction will be formed with a target Low of wave (iv).

Below is the count that we made for today NZD/USD Elliott Wave Signal :-

Popularity: 1% [?]

Today we continue with Elliottwave signal for US Dollar vs Swiss Francs .

This is an updated Elliott Wave count for Previous USD/CHF Signal.

Currency Pair = USD/CHF

Elliott wave Signal for Short Term Trade.

TimeFrame = 4 Hours.

Elliott Wave Signal = Sell at Market Price ( Current Market Price=1.1730 )

Target Profit = 1.1660 area for first target.1.6620 for 2nd target.

Risk Reward Ratio = 3.0 (Medium Risk )

Stop Loss is seeing at 1.1770

Elliott Wave Analysis :-

Since Market still in our preferred projection , our previous USD/CHF Elliott wave signal is still valid.From our analysis there is still a room for USD/CHF to go lower to complete wave v of Sub-minuette Degree.

Risk/Reward ratio has been rising to 3.0 this reduce the risk on our signal thus makes our last target at 150% of fibonacci expansion seems reachable.

Below is an updated Elliott wave chart for USD/CHF :-

Popularity: 1% [?]