4xpipcounter
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Re: USD/CHF update
Today, that 1.0930 target was hit. Today's low is actually 1.0929, at least as of this writing. Ironically my DS3 1.0937. Either the top of the weekly cloud contains this fall, or we are in for a quick drop to 1.0638. There could be a move down to 1.0900. Regardless, and I think this is a good time to clarify this, cloud containment means any close above it in that timeframe. Another words, as long as the week finishes above 1.0930, the cloud did its job.
Today, that 1.0930 target was hit. Today's low is actually 1.0929, at least as of this writing. Ironically my DS3 1.0937. Either the top of the weekly cloud contains this fall, or we are in for a quick drop to 1.0638. There could be a move down to 1.0900. Regardless, and I think this is a good time to clarify this, cloud containment means any close above it in that timeframe. Another words, as long as the week finishes above 1.0930, the cloud did its job.
Current level is 1.1426. The 1.1349 objective was hit yesterday, right on the nose. Next leg DOWN will take the pair to 1.1284. Next levels will be the weekly kijun at 1.1166, and containment, which is the combination kijun and top of the cloud at 1.0930. From there we could be looking at a 1,000point rise, but not confirmed yet.