🌀 USD/CHF Elliott Wave Count – Building for Wave (5) 🚀
Chart Analysis – May 13, 2025
I'm tracking a well-structured 5-wave impulse on USD/CHF using Elliott Wave Theory, supported by Fibonacci confluence, Awesome Oscillator (AO) momentum shifts, and convergence-divergence signals.
🔹 Elliott Wave Count
We're currently in the corrective phase of Wave (4) after a strong Wave (3) extension. Here's the breakdown:
✅ Wave (1), (2), and (3) are clearly in place, with (3) showing healthy extension.
🔁 Wave (4) is pulling back and is now testing key support.
🔜 Anticipating a bullish Wave (5) continuation.
🔹 Key Fibonacci Levels & Buy Zone (Zone 1)
Wave (4) is approaching a high-probability reversal zone:
Zone 1 Buy Area: 0.8362 – 0.8341, marked by:
1.618–1.786 Fibonacci extension
Confluence with previous breakout structure (resistance turned support)
Classic Elliott correction depth for Wave (4)
This zone provides a strong technical base for a potential bounce into Wave (5).
🔹 Awesome Oscillator (AO) + Convergence/Divergence
AO confirms the wave count momentum:
Strong green bars during Wave (3)
Bearish red bars during Wave (4) correction
Potential bullish convergence forming:
Price is making lower lows
AO is showing higher lows – this is bullish divergence, a classic pre-Wave (5) signal
This momentum shift suggests buyers are returning, even as price dips into support — a strong signal for trend continuation.
🎯 Bias, Target & Invalidation
Trade Bias: Bullish
Buy Zone: 0.8362–0.8341 (Zone 1)
Wave (5) Target: 0.8470 – 0.8500 (based on Wave (1)-(3) projection and previous high)
Invalidation: Break and close below 0.8341 suggests deeper corrective structure or invalid wave count
✅ Summary
This setup combines:
Elliott Wave 5-impulse structure
Fibonacci confluence at key buy zone
Bullish divergence on AO supporting Wave (5) potential
Strong risk-to-reward opportunity from Zone 1
📉 Waiting for confirmation via bullish price action or stronger AO green bars before committing. Let me know your view or alternate wave counts!
#elliottwave #usdchf #wave5setup #fibonacci #awesomeoscillator #divergence #priceaction #forexanalysis #tradingview
Chart Analysis – May 13, 2025
I'm tracking a well-structured 5-wave impulse on USD/CHF using Elliott Wave Theory, supported by Fibonacci confluence, Awesome Oscillator (AO) momentum shifts, and convergence-divergence signals.
🔹 Elliott Wave Count
We're currently in the corrective phase of Wave (4) after a strong Wave (3) extension. Here's the breakdown:
✅ Wave (1), (2), and (3) are clearly in place, with (3) showing healthy extension.
🔁 Wave (4) is pulling back and is now testing key support.
🔜 Anticipating a bullish Wave (5) continuation.
🔹 Key Fibonacci Levels & Buy Zone (Zone 1)
Wave (4) is approaching a high-probability reversal zone:
Zone 1 Buy Area: 0.8362 – 0.8341, marked by:
1.618–1.786 Fibonacci extension
Confluence with previous breakout structure (resistance turned support)
Classic Elliott correction depth for Wave (4)
This zone provides a strong technical base for a potential bounce into Wave (5).
🔹 Awesome Oscillator (AO) + Convergence/Divergence
AO confirms the wave count momentum:
Strong green bars during Wave (3)
Bearish red bars during Wave (4) correction
Potential bullish convergence forming:
Price is making lower lows
AO is showing higher lows – this is bullish divergence, a classic pre-Wave (5) signal
This momentum shift suggests buyers are returning, even as price dips into support — a strong signal for trend continuation.
🎯 Bias, Target & Invalidation
Trade Bias: Bullish
Buy Zone: 0.8362–0.8341 (Zone 1)
Wave (5) Target: 0.8470 – 0.8500 (based on Wave (1)-(3) projection and previous high)
Invalidation: Break and close below 0.8341 suggests deeper corrective structure or invalid wave count
✅ Summary
This setup combines:
Elliott Wave 5-impulse structure
Fibonacci confluence at key buy zone
Bullish divergence on AO supporting Wave (5) potential
Strong risk-to-reward opportunity from Zone 1
📉 Waiting for confirmation via bullish price action or stronger AO green bars before committing. Let me know your view or alternate wave counts!
#elliottwave #usdchf #wave5setup #fibonacci #awesomeoscillator #divergence #priceaction #forexanalysis #tradingview
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。