GBPCHF Long based on Elliot and Gann

2020-01-14 20:03:31

Entry zone between 1.2575 and 1.25
The entry zone is the 50% Fib extension of AB as well as the end of the corrective wave (C).
144-day Gann cycle causes major turns in trends.
The 2/8th inner harmonic is a natural and powerful pivot and it rests at 1.2505.
Initial target is the combination range of 1.3567 - 1.3637 (61.8% extension of the swing low on Auguest 13th, 2019 to the leg C) as well as the 4.8th inner harmonic at 1.365.