USD/CHF: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25

Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.8580 with a target of 0.7800 – 0.7600. A sell signal: the level of 0.8580 is broken to the downside. Stop Loss: above 0.8630, Take Profit: 0.7800 – 0.7600. Alternative scenario: Breakout and consolidation above the level of 0.8580 will allow the pair to continue rising to the levels of 0.8857 – 0.9195. A buy signal: the level of 0.8580 is broken to the upside. Stop Loss: belo